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Fly News Breaks for February 5, 2016
LNKD
Feb 5, 2016 | 07:11 EDT
UBS lowered its price target on LinkedIn to $170 from $270 following its Q4 results and guidance. The firm noted the shares sold off in the after-market hours due to concerns on revenue deceleration and total addressable market, but they feel the move was an overreaction as its long-term franchise value remains intact. UBS maintained its Buy rating on LinkedIn shares.
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