Wall Street Fundamentals Releases New In-Depth Stock Reports on LNKD, P, TWTR and YELP


Follow this company

Companies Mentioned

NYSE:LNKD / NYSE:P / NYSE:TWTR / NYSE:YELP
02/05/2014 [ACCESSWIRE]

Social Media stocks were lifted by Facebook’s impressive quarterly earnings last week. Last Thursday, Facebook reached an all-time-high of $62.50 a share. The company is up over 60.0 percent since its initial public offering of $38.00 per share. Nearly 30 analysts upgraded their price targets on the social media giant Thursday. "As competitors begin to provide more in the way of customizable audience targeting, app install ads and better mobile placement, Facebook's ability to retain an edge in mobile ad quality will be key," said a note from Evercore. Here is how some social media stocks reacted Tuesday:

LinkedIn Corp. (NYSE: LNKD) shares traded in the range of $209.68 to $214.50 Tuesday before settling to close at $212.33, a decrease of 1.43percent. The stock appears to be facing some resistance at the $214.57 and $218.44 levels with some support at $211.01. Shares of LinkedIn have gained over 70.0 percent in the past year.

More information on LinkedIn and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/LNKD

Pandora Media Inc. (NYSE: P) shares traded in the range of $34.77 to $36.03 Tuesday before settling to close at $35.80, an increase of 2.34 percent. The stock appears to have some support at the $35.30, $32.20, $31.34 and $29.83 levels. Shares of Pandora Media have gained over 210.0 percent in the past year.

More information on Pandora Media and access to the free equity report can be found at:
www.WallStreetFundamentals.com/P

Twitter Inc. (NYSE: TWTR) shares traded in the range of $64.50 to $66.37 Tuesday before settling to close at $66.32, an increase of 1.64 percent. The stock appears to be facing some resistance at $73.31 with some support at the $63.80 and $57.01 levels. Shares of Twitter have gained nearly 50.0 percent since its IPO.

More information on Twitter and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/TWTR

Yelp Inc. (NYSE: YELP) shares traded in the range of $75.19 to $78.21 Tuesday before settling to close at $77.79, an increase of 4.73 percent. The stock appears to be facing some resistance at the $80.38 and $83.69 levels with some support at $74.40 and $70.89. Shares of Yelp have gained approximately 280.0 percent year-to-date.

More information on Yelp and access to the free equity report can be found at:      
www.WallStreetFundamentals.com/YELP

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at www.WallStreetFundamentals.com today.

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com

COMMENTS

Leave a comment...
 * 

Your Name
 *