LinkedIn Upgraded To Hold As Transition Woes Ease

By | September 16, 2015

Scalper1 News

LinkedIn (LNKD) was upgraded to a hold from sell by Brean Capital, which pointed to an improved risk-reward situation. “We believe that several of our concerns have largely played out,” wrote Brean analyst Sarah Hindlian in a research note Wednesday. She raised her fair value estimate on LinkedIn stock to 184 from 172. LinkedIn stock, though, has been above 184 for a week, and was up 1%, near 198, in midday trading on the stock market today. Scalper1 News

Scalper1 News