Analysts: Advertiser Discussions are Positive for LinkedIn and 3 Other Research Notes to Browse
LinkedIn (NYSE:LNKD): Macquarie raised Linkedin estimates to $285 from $260 based on checks and advertiser discussions that were incrementally more positive on customer adoption of the new Sponsored Updates newsfeed-based ad product. The shares are Outperform rated.
Lumber Liquidators (NYSE:LL): After speaking with management, Jefferies says that Lumber Liquidators does not believe that it violated any Lacey Act infractions. The firm reiterates a Buy rating on the stock with a $119 price target.
Pandora (NYSE:P): Canaccord raised Buy-rated Pandora’s price target to $30 from $25 following September ad load survey results that indicate an upside in the third quarter. The firm said that the third quarter is tracking well despite a slightly lower August ad load and local mix. The firm’s third-quarter mobile ad RPM estimate is $35.
Colgate-Palmolive (NYSE:CL): Morgan Stanley upgraded Colgate-Palmolive to Overweight from Equal Weight. The analyst upgraded shares based on relative valuation and expectations that organic sales growth will be better than expected given a robust innovation pipeline, rebound in the pet segment, advertising increases, and easing comps. The shares’ price target is $68.
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