LinkedIn's Shares Hit Five-Month Low
publication date: Nov 21, 2011
author/source: Valuentum Analysts
We provide the theses behind our valuation calls on LinkedIn (LNKD) and Netflix (NFLX), the latter falling significantly in recent months, as predicted by our July note below (when Netflix was trading above $250 per share; it's now under $70).
We expect LinkedIn's shares to continue to converge to our $55 fair value estimate in coming months (it's trading around $70 per share).
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