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Fly News Breaks for May 1, 2015
LNKD
May 1, 2015 | 06:58 EDT
Cantor cut its price target on LinkedIn after the company reported in-line Q1 results but provided weaker than expected guidance. However, the firm remains upbeat on the the company's long-term outlook, due to what it sees as LinkedIn's unique franchise, large total available market, and attractive long-term value. The firm keeps a Buy rating on the shares.
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