J.P. Morgan Reiterates Overweight Rating on LinkedIn Corporation on Multiple Growth Avenues
In a report published Wednesday, J.P. Morgan reiterated its Overweight rating and $163.00 price target on LinkedIn Corporation (NYSE: LNKD).
J.P. Morgan noted, “We recently held meetings with LinkedIn CFO Steve Sordello. We continue to believe LinkedIn is operating extremely well and has significant room for growth ahead driven by the secular shift in enterprise hiring, expanded field sales efforts, and strong product innovation for both recruiters and users.”
LinkedIn Corporation closed on Tuesday at $155.00.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.