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Fly News Breaks for April 26, 2016
LNKD
Apr 26, 2016 | 08:52 EDT
Needham analyst Kerry Rice believes the negative sentiment around LinkedIn may be overblown as the company has not missed expectations for a reported quarter. For Q1, the analyst sees upside opportunity primarily for its Hiring Solutions, adding that he believes the previous 2016 guidance was a "low water mark" that could be lifted throughout the year. Rice reiterates a Buy rating and $200 price target on the shares.
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