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Analysts’ Actions: Professional Network LinkedIn Gets Mixed Reviews After Earnings Release

July 15, 2023
in Trade Tube
Reading Time: 1 min read
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In Friday’s Analysts’ Actions, we highlight an upgrade for Chipotle (CMG), mixed notes on LinkedIn (LNKD), and a lower sales estimate for Apple (AAPL). Analysts at BMO Capital upgraded Chipotle to OUTPERFORM from MARKET PERFORM with a higher price target, saying the stock is a ‘compelling investment.’ Following the huge sell off of LinkedIn shares in Thursday’s after-hours session, SunTrust Robinson Humphrey and Brean Capital lowered their price target. But, JPMorgan thinks the pullback is overdone. Also, Apple gets a revised fiscal 2016 sales estimate for its Apple Watch at UBS. The firm says it sees ‘lackluster interest’ but kept its BUY rating with a $150 price target. TheStreet’s Kurumi Fukushima reports in New York.

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