Stocks Hitting 52-Week Lows

Viacom, Inc. VIAB shares reached a new 52-week low of $31.53 after the company reported weaker-than-expected Q4 revenue. Kforce Inc. KFRC shares fell 18.04 percent to touch a new 52-week low of $15.76 after the company reported downbeat Q4 results. LinkedIn Corp LNKD shares touched a new 52-week low of $99.677. Goldman Sachs maintained a Buy rated for LinkedIn, with a price target of $200. LinkedIn shares have dropped 62.31 percent over the past 52 weeks, while the S&P 500 index has slipped 10.46 percent in the same period. Pandora Media Inc P shares touched a new 52-week low of $7.70. Cowen downgraded Pandora from Outperform to Market Perform, while lowering the price target from $21 to $9.
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