LinkedIn (LNKD) PT Raised to $272 at Cowen

Cowen analyst John Blackledge reiterated an Outperform rating and boosted his price target on LinkedIn (NYSE: LNKD) to $272.00 (from $260.00).

Blackledge commented, "After 2 qtrs of mixed results, LNKD delivered strong 3Q results with revenues 2% ahead of Cowen est’s and EBITDA an impressive 40% higher. Core Talent Solutions accelerated in the qtr and Sales Navigator appears on stronger footing. Reiterate Outperform and raising Target Price to $272 from prior $260"

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 $217.00 yesterday.

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