Market Overview

UPDATE: Sterne Agee Initiates LinkedIn Corporation at Neutral on Valuation

Share:
Related LNKD
Non-Horrible Bosses: Meet The Best CEOs Of 2017
Meet The Startup Behind The Video Content You See On NatGeo, CNN, NBC, Discovery And Others

Sterne Agee initiated overage on LinkedIn Corporation (NYSE: LNKD) with a Neutral rating.

Sterne Agee commented, "We are positive on the company's fundamentals but believe the current stock price already reflects this enthusiasm. The stock is up 67% in the last 12 months, does not have a single Sell/Underperform rating and is already trading at a 59% /112% premium to its peer group based on EV to EBITDA (2014E) and EV to Sales (2014) bases, respectively. Given this valuation, we would look to be constructive on the stock on pullbacks."

LinkedIn Corporation closed at $119.02 on Friday.

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: Sterne AgeeAnalyst Color Initiation Pre-Market Outlook Analyst Ratings

 

Related Articles (LNKD)

View Comments and Join the Discussion!