LinkedIn (LNKD) Sales Navigator Creates Opportunity - Goldman

Goldman Sachs today maintained a Buy rating on LinkedIn (NYSE: LNKD) with a price target of $210.00. Analyst Heath P. Terry sees opportunity from its sales management tool, Sales Navigator.

"While difficult to narrowly define, we believe the B2B client intelligence market represents as much as a $6bn opportunity conservatively defined. Our field work with early adopters reflects an extremely positive perception of the product's value to sales organizations and a lack of significant competition within the category. While still very early stage, we believe Sales Navigator is the type of product LinkedIn will be able to continue to develop from its unique network of users and interactions," said Terry.

For an analyst ratings summary and ratings history on LinkedIn (NYSE: LNKD) click here. For more ratings news on LinkedIn click here.

Shares of LinkedIn closed at $190.30 yesterday.

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