In a report published Thursday, Morgan Stanley analyst Brian Nowak initiated coverage on LinkedIn Corp LNKD with an Overweight rating and $310.00 price target.
In the report, Morgan Stanley noted, "LNKD's earnings power is still underappreciated as our proprietary industry-level large enterprise analysis shows the Talent Solutions (TS) runway is still very long. And we see Marketing Solutions becoming the FB for professional advertising. More top-line beats and margin expansion likely ahead."
LinkedIn closed on Wednesday at $269.00.
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