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Fly News Breaks for September 4, 2015
LNKD
Sep 4, 2015 | 09:02 EDT
MKM Partners said LinkedIn investors are concerned by an implied second half guide-down, a negative ARPU comp, and fears that there is another shoe to drop. The firm is confident the core business is healthy, legacy weakness is contained, and there are several emerging opportunities. MKM Partners recommends investors accumulate shares and reiterates its Buy rating and $265 price target on shares.
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