Goldman Sachs Starts LinkedIn (LNKD) at Neutral

December 14, 2011 8:21 AM EST
Get Alerts LNKD Hot Sheet
Price: $195.96 --0%

Rating Summary:
    10 Buy, 30 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs initiates coverage on LinkedIn (NYSE: LNKD) with a Neutral rating and $70 price target.

"LinkedIn offers the hyper-growth of social networking combined with multiple high-value revenue streams generated by monetizing users' professional connections, at a valuation that reflects the strength of the model," the firm comments.

For an analyst ratings summary and ratings history on LinkedIn click here. For more ratings news on LinkedIn click here.

Shares of LinkedIn closed at $67.48 yesterday.


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