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RBC Capital Downgrades LinkedIn (LNKD) to Sector Perform Amid Takeover

June 14, 2016 5:17 PM

RBC Capital analyst Mark Mahaney downgraded LinkedIn (NYSE: LNKD) from Outperform to Sector Perform with a price target of $196.00 (from $160.00) after the company agreed to be acquired by Microsoft for $196/share.

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 $192.21 yesterday.

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