SAN FRANCISCO (MarketWatch) -- Shares of LinkedIn Corp. LNKD rose more than 4.5% to $73.12 on Tuesday(12/6) morning after the business-focused social network was upgraded to an overweight rating by J.P. Morgan. In a note to clients, analyst Doug Anmuth said the shares are "more compelling at current levels." LinkedIn shares had fallen about 25% since late October. "However, the company has shown strong operational performance and we believe deeper corporate penetration and increasing member engagement will drive strong results going forward,"
No comments:
Post a Comment