LinkedIn Corp. (NYSE:LNKD)‘s stock had its “sell” rating reiterated by equities researchers at TheStreet in a research report issued on Thursday, AnalystRatingsNetwork.com reports.
The analysts wrote, “LinkedIn (LNKD) has been reiterated by TheStreet Ratings as a sell with a ratings score of D+. The company’s weaknesses can be seen in multiple areas, such as its unimpressive growth in net income and disappointing return on equity.”
In other LinkedIn Corp. news, CEO Jeff Weiner sold 37,000 shares of LinkedIn Corp. stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $212.21, for a total transaction of $7,851,770.00. Following the transaction, the chief executive officer now directly owns 174,901 shares in the company, valued at approximately $37,115,741. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
LNKD has been the subject of a number of other recent research reports. Analysts at Cowen and Company reiterated a “market perform” rating on shares of LinkedIn Corp. in a research note to investors on Wednesday. Separately, analysts at Topeka Capital Markets initiated coverage on shares of LinkedIn Corp. in a research note to investors on Friday, January 17th. They set a “hold” rating on the stock. Finally, analysts at FBN Securities initiated coverage on shares of LinkedIn Corp. in a research note to investors on Tuesday, January 14th. They set an “outperform” rating on the stock. Two equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and seventeen have issued a buy rating to the company’s stock. LinkedIn Corp. has an average rating of “Hold” and an average target price of $246.47.
LinkedIn Corporation (NYSE:LNKD) is a professional network on the Internet with more than 238 million members in over 200 countries and territories.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.