UPDATE: Goldman Sachs Initiates Coverage on Linn Co LLC with Neutral Rating, $44 PT

In a report published Wednesday, Goldman Sachs Group initiated coverage on Linn Co LLC

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.” Linn Co LLC closed on Tuesday at $37.40.