LinkedIn Price Targets Slashed, Yet Analysts Positive

By | May 1, 2015

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Analysts slashed their price targets on LinkedIn (LNKD) stock after the company’s weak guidance late Thursday, but they still like the long-term prospects of the social networking site for professionals. LinkedIn stock was down more than 20% in early afternoon trading on the stock market today, at a six-month low near 200. Late Thursday, LinkedIn reported better-than-expected Q1 earnings, but its Q2 outlook was well short of views. LinkedIn sees Scalper1 News

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