9:54 AM LinkedIn (LNKD +3.1%) and OpenTable (OPEN +3.8%) jump out of the gate after Wunderlich starts coverage with Buy ratings. Also, Evercore's Ken Sena has raised his PT for LinkedIn to $200 from $160, arguing it should trade at multiples comparable to those of cloud software plays Workday and ServiceNow, and that of Salesforce.com shortly after its IPO (ed: the valuations of those firms have been criticized). Sena' reasoning: LinkedIn's subscription streams, addressable markets, and margin leverage "renders traditional earnings valuation metrics less meaningful." Read comments
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LNKD price at time of publication: $162.59. Check LNKD price now »
Focus Articles on LNKD
- LinkedIn (2013) Vs. Amazon (1999) by Vegas Ben
- Revised LinkedIn's Fair Value To $90 On Impressive Growth But Risks Remain by Trefis
- Is LinkedIn Really Overvalued? by Adam Alvarez
Press Releases on LNKD
- LinkedIn Announces Fourth Quarter and Full Year 2012 Financial Results (GlobeNewswire)
- LinkedIn Announces Webcast of Fourth Quarter & Fiscal Year 2012 Financial Results (GlobeNewswire)
- Listen Up Employers: Most Professionals Don't Want a New Job; They Want to Learn New Skills in the New Year (GlobeNewswire)
Related Articles on LNKD
- Social Media Beyond Facebook: Joining The $1 Trillion Fight Against Cancer by Peter Harengel
- Facebook Continues To Search For What LinkedIn Has by Peter Pham
- How To Prepare Your Portfolio For Fed QE Exit by BubbleBustInvesting
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Recent Market Alerts on LNKD: All currents | Earnings | Dividends | M&A | On the move
Transcripts on LNKD
- Linkedin's CEO Discusses Q4 2012 Results - Earnings Call Transcript
- LinkedIn's CEO Discusses Q3 2012 Results - Earnings Call Transcript
- LinkedIn's CEO Discusses Q2 2012 Results - Earnings Call Transcript
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