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UPDATE: Goldman Sachs Initiates Coverage on LinnCO with Neutral Rating, $44 PT

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In a report published Wednesday, Goldman Sachs Group initiated coverage on LinnCo LLC (NASDAQ: LNCO) with a Neutral rating and $44.00 price target.

Goldman Sachs noted, “We initiate coverage of LinnCo, LLC (LNCO) with a Neutral rating and a $44, 12-month target price that implies 25% total return upside (including dividend yield), in line with our sector average upside of 25% for which we have an Attractive coverage view.”

LinnCo LLC closed on Tuesday at $37.40.

Latest Ratings for LNCO

DateFirmActionFromTo
Aug 2015RBC CapitalDowngradesOutperformSector Perform
Jul 2015Credit SuisseDowngradesNeutralUnderperform
Jul 2015Raymond JamesDowngradesOutperformMarket Perform

View More Analyst Ratings for LNCO
View the Latest Analyst Ratings

Posted-In: Goldman Sachs GroupAnalyst Color Initiation Analyst Ratings

 

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