Morgan Stanley Feels Confident in LinkedIn Ahead of Earnings Report
In a report published Monday, Morgan Stanley analyst John Egbert reiterated an Overweight rating and $250.00 price target on LinkedIn (NYSE: LNKD).
In the report, Morgan Stanley noted, “LinkedIn is scheduled to report CQ1:14E earnings on Thursday, May 1st. We look for +46% Y/Y growth in Talent Solutions and possible signs of inflection in Marketing Solutions, but we think catalysts may be more likely to come in CQ2:14E (easier MS comps) and / or 2H:14E (sales product launch).”
LinkedIn closed on Friday at $158.17.
Latest Ratings for LNKD
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jul 2016 | Citigroup | Maintains | Neutral | |
| Jun 2016 | RBC Capital | Downgrades | Outperform | Sector Perform |
| Jun 2016 | UBS | Downgrades | Buy | Neutral |
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