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Analysts at Evercore Partners reduced their target price on shares of LinkedIn Corp. (NYSE:LNKD) from $260.00 to $240.00 in a research report issued to clients and investors on Friday, American Banking & Market News reports. Evercore Partners’ price objective points to a potential upside of 14.51% from the stock’s previous close.

LNKD has been the subject of a number of other recent research reports. Analysts at CRT Capital cut their price target on shares of LinkedIn Corp. from $298.00 to $235.00 in a research note to investors on Friday. They now have a “buy” rating on the stock. Separately, analysts at Cantor Fitzgerald cut their price target on shares of LinkedIn Corp. from $260.00 to $240.00 in a research note to investors on Friday. Finally, analysts at Canaccord Genuity cut their price target on shares of LinkedIn Corp. from $270.00 to $250.00 in a research note to investors on Friday. They now have a “buy” rating on the stock. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eleven have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $241.24.

LinkedIn Corp. (NYSE:LNKD) traded down 6.20% on Friday, hitting $209.59. 11,203,267 shares of the company’s stock traded hands. LinkedIn Corp. has a 1-year low of $149.00 and a 1-year high of $257.56. The stock has a 50-day moving average of $215.0 and a 200-day moving average of $227.7. The company has a market cap of $25.026 billion and a P/E ratio of 1006.53.

LinkedIn Corp. (NYSE:LNKD) last released its earnings data on Thursday, February 6th. The company reported $0.39 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.38 by $0.01. The company had revenue of $447.20 million for the quarter, compared to the consensus estimate of $437.92 million. During the same quarter last year, the company posted $0.35 earnings per share. LinkedIn Corp.’s revenue was up 47.3% compared to the same quarter last year. Analysts expect that LinkedIn Corp. will post $2.18 EPS for the current fiscal year.

In other LinkedIn Corp. news, CEO Jeff Weiner unloaded 37,000 shares of the stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $212.21, for a total transaction of $7,851,770.00. Following the completion of the transaction, the chief executive officer now directly owns 174,901 shares of the company’s stock, valued at approximately $37,115,741. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

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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