LinkedIn Corp.’s Market Perform Rating Reaffirmed at Cowen and Company (LNKD)
LinkedIn Corp. (NYSE:LNKD)‘s stock had its “market perform” rating reiterated by Cowen and Company in a research note issued on Wednesday, Analyst Ratings Net reports.
In other LinkedIn Corp. news, Director David Sze sold 6,250 shares of the company’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $215.35, for a total value of $1,345,937.50. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Other equities research analysts have also recently issued reports about the stock. Analysts at TheStreet reiterated a “sell” rating on shares of LinkedIn Corp. in a research note to investors on Monday, January 27th. Separately, analysts at Topeka Capital Markets initiated coverage on shares of LinkedIn Corp. in a research note to investors on Friday, January 17th. They set a “hold” rating on the stock. Two investment analysts have rated the stock with a sell rating, seventeen have given a hold rating and seventeen have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $246.47.
Shares of LinkedIn Corp. (NYSE:LNKD) traded up 0.22% during mid-day trading on Wednesday, hitting $212.80. The stock had a trading volume of 1,556,667 shares. LinkedIn Corp. has a 52-week low of $122.08 and a 52-week high of $257.56. The stock’s 50-day moving average is $215.3 and its 200-day moving average is $227.. The company has a market cap of $25.409 billion and a P/E ratio of 956.44.
LinkedIn Corporation (NYSE:LNKD) is a professional network on the Internet with more than 238 million members in over 200 countries and territories.
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