Link(target) creates a Link object pointing to location or code defined by target, e.g., a URL.
Link(target, text) will display text instead of the target.
To add a hyperlink to a longer string, e.g., using sprintf, use the Link object's str property.

Examples included in help:

Example
Link('matlab:docsearch hyperlinks', 'Learn more about MATLAB hyperlinks')

Example
lnk = Link('matlab:ezplot(@cos)', 'Display cosine function')

Example
lnk = Link('http://mathworks.com/matlabcentral/', 'MATLAB Central');
disp('The link can be shown by normal display:')
lnk
disp('Or by using the function disp:')
disp(lnk);
disp('Alternatively, access the object''s str property:')
fprintf('Go to %s for lots of great resources.\n', lnk.str);