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