Internet Sector

Is FANG just a fad, or is there any inherent value in the stocks making up the acronym? Canaccord Genuity looked at these stocks in a note issued Sunday following two weeks of investor meetings. The firm concluded that the recent underperformance of the internet group was more due to...

Brian Pitz of Jefferies downgraded LinkedIn Corp (NYSE: LNKD) to Hold from Buy owith a price target raised to $196 from a previous $180 following the company's decision to sell itself to Microsoft Corporation (NASDAQ: MSFT) for $196 per share. According to Pitz, the acquisition enhances...