LinkedIn Corporation (LNKD) : The highest level LinkedIn Corporation (LNKD) is projected to reach is $275 for the short term and the lowest estimate is at $130. The consolidated price target from 20 rating analysts who initiate coverage on the stock is $194.8 and the possibility the share price can swing is $31.11.
LinkedIn Corporation (LNKD) : 29 analysts are covering LinkedIn Corporation (LNKD) and their average rating on the stock is 2.86, which is read as a Hold. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 1, which recommends a Strong Buy affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 25 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Also, Equity Analysts at the Citigroup maintains the rating on LinkedIn Corporation (NYSE:LNKD). The brokerage firm has issued a Neutral rating on the shares. The Analysts at the ratings agency raises the price target from $140 per share to $196 per share. The rating by the firm was issued on July 18, 2016.
LinkedIn Corporation (NYSE:LNKD): The stock opened at $192.55 on Thursday but the bulls could not build on the opening and the stock topped out at $192.83 for the day. The stock traded down to $192.41 during the day, due to lack of any buying support eventually closed down at $192.73 with a loss of -0.01% for the day. The stock had closed at $192.75 on the previous day. The total traded volume was 881,025 shares.
LinkedIn Corporation (LinkedIn) is a professional network on the Internet. The Companys three product lines include Talent Solutions, Marketing Solutions and Premium Subscriptions. All three product lines are sold through two channels, an offline field sales organization, which engages with both large and small enterprise customers, as well as an online, self-serve channel, which includes enterprise customers and individual members purchasing subscriptions. The Companys solutions include Free Solutions and Monetized Solutions. Its Free Solutions includes the service to manage professional identity, service to build and engage with professional networks, access to knowledge, insights and opportunities and ubiquitous access. The Company also provides other solutions, which provide members, enterprises and professional organizations with functionality and additional benefits.