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Cantor Top Analyst: What to Expect from LinkedIn Corp (LNKD) Ahead of 2Q Earnings

Professionally social networking giant LinkedIn Corporation (NYSE:LNKD) is set to deliver earnings results for its second quarter of this fiscal year on Thursday, August 4th. Ahead of earnings, Cantor top analyst Youssef Squali reiterates a Hold rating, with a price target of $220.00, marking a 14% increase from where the stock is currently trading.

For this upcoming second quarter, Squali predicts LinkedIn will bring in a 26.3% increase in revenue for year-over-year in the amount of $898.9 million and earnings of $236.8 million. Compared to the Street’s estimates of $898.5 million for revenue and $233.0 million for earnings, LinkedIn is currently looking to just barely beat expectation. The internet titan’s guidance ranges between $885 to $890 million in revenue and between $225 and $230 million in earnings. As far...


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