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Fly News Breaks for March 7, 2016
LNKD
Mar 7, 2016 | 07:34 EDT
Canaccord lowered its price target on LinkedIn to $175 from $220. The firm lowered its estimates below LinkedIn's last Q4 results, based on slower margin expansion and lower revenue expectations, but believes they are achievable/beatable and suspects the shares are at an attractive entry point. Canaccord maintained its Buy rating on LinkedIn shares.
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