Analyst: Linkedln previewed by Wedbush

Wedbush on Monday issued a report on Linkedln Corp. LNKD as the social media company is expected to announce fourth quarter results on Thursday, February 5th. Wedbush currently rates Linkedln as Neutral with a one year price target of 200. Shyam Patil and Andy Cheng, analysts at Wedbush, wrote, “We remain optimistic on the company's long-term market opportunity and positioning; however, we are maintaining our NEUTRAL as we await more clarity around the timing of uptake for the newer growth drivers (Sales Navigator, Sponsored Updates, China).” Wedbush expects Linkedln to report revenues of 629.4 million and EPS of $0.57 both of which are at the high end of consensus guidance among research firms. Linkedln closed Monday at $224.57.