Market Overview

UPDATE: Sterne Agee Initiates LinkedIn Corporation at Neutral on Valuation

Related LNKD
Social Media Shows Off Profit Power
LinkedIn Stock Now Deserves A Higher Multiple, Says MKM's Sanderson
Big-Cap Stocks Hold Sway In A Choppy Market (Investor's Business Daily)

Sterne Agee initiated overage on LinkedIn Corporation (NYSE: LNKD) with a Neutral rating.

Sterne Agee commented, "We are positive on the company's fundamentals but believe the current stock price already reflects this enthusiasm. The stock is up 67% in the last 12 months, does not have a single Sell/Underperform rating and is already trading at a 59% /112% premium to its peer group based on EV to EBITDA (2014E) and EV to Sales (2014) bases, respectively. Given this valuation, we would look to be constructive on the stock on pullbacks."

LinkedIn Corporation closed at $119.02 on Friday.

Latest Ratings for LNKD

Nov 2015BarclaysMaintainsOverweight
Oct 2015Sterne Agee CRTUpgradesNeutralBuy
Oct 2015Cantor FitzgeraldMaintainsBuy

View More Analyst Ratings for LNKD
View the Latest Analyst Ratings

Posted-In: Sterne AgeeAnalyst Color Initiation Pre-Market Outlook Analyst Ratings


Related Articles (LNKD)

View Comments and Join the Discussion!

Get Benzinga's Newsletters