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J.P. Morgan Reiterates Overweight Rating on LinkedIn Corporation on Multiple Growth Avenues

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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.

Latest Ratings for LNKD

DateFirmActionFromTo
Jul 2016CitigroupMaintainsNeutral
Jun 2016RBC CapitalDowngradesOutperformSector Perform
Jun 2016UBSDowngradesBuyNeutral

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Posted-In: J.P. MorganAnalyst Color Reiteration Analyst Ratings

 

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