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Fly News Breaks for April 10, 2015
LNKD
Apr 10, 2015 | 07:15 EDT
Brean Capital said LinkedIn's acquisition of Lynda.com is an incremental positive, as the firm sees it as a better monetization solution and user engagement case than Sales Navigator. Brean Capital also believes LinkedIn paid a high price for its largest acquisition ever and will wait until the deal closes and further financial guidance is issued before becoming more positive on the stock. Brean Capital reiterated its Sell rating and $208 price target on LinkedIn shares.
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