This morning, Credit Suisse reduced its price target on shares of LinkedIn (NYSE:LNKD) to $274 following weaker-than-expected guidance from the company. In the report, Credit Suisse lowered its EPS estimates as well, but maintained its outperform rating. Shares of LinkedIn were lower on Friday, falling more than 7% on the news.
And JP Morgan downgraded shares of iRobot (NASDAQ:IRBT) from neutral to underweight citing valuation. The stock is trading well above the firm's $32 price target creating overbought conditions. On the news, shares of iRobot were lower by 4.2%.
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