Market Overview

UPDATE: Morgan Stanley Raises PT on LinkedIn Corporation on Target Addressable Market

Share:
Related LNKD
What TD Ameritrade's IMX Tracker Can Do For Investors, And What It's Been Telling Us
July's Recovery Triggered Selling Activity In A Few Big Names
Bill Nygren's Top Performers (GuruFocus)

In a report published Wednesday, Morgan Stanley reiterated its Overweight rating on Linkedin Corporation (NYSE: LNKD), and raised its price target to $180.00.

Morgan Stanley noted, “The size of LinkedIn's TAM is the stock's primary debate. LinkedIn's recent share price appreciation may cause incremental investors to assess the long-term growth potential of its recruiting business to gain comfort with the stock's risk / reward at current price levels. The size of LinkedIn's TAM has been widely debated since the company went public, as it operates in a brand new segment of the long-established recruiting market.”

LinkedIn Corporation closed on Tuesday at $160.76.

Latest Ratings for LNKD

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

View More Analyst Ratings for LNKD
View the Latest Analyst Ratings

Posted-In: Morgan StanleyAnalyst Color Price Target Analyst Ratings

 

Related Articles (LNKD)

View Comments and Join the Discussion!