NEW YORK (TheStreet) -- LinkedIn
(LNKD - Get Report) has had its fiscal 2015 net income estimates upped to $1.29 a share from 71 cents a share, Jefferies said Friday. The firm reiterated a "buy" and $280 price target, noting recent quarterly strength and growth in all its segments.
"We believe the opportunity is still very large and the valuation is increasingly compelling, with ~70% potential upside to our PT," analysts wrote in the report.
Also see: LinkedIn Slips on Lowball Guidance Yet Again
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Separately, TheStreet Ratings team rates LINKEDIN CORP as a Sell with a ratings score of D+. TheStreet Ratings Team has this to say about their recommendation:
"We rate LINKEDIN CORP (LNKD) a SELL. This is driven by several weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself, unimpressive growth in net income, disappointing return on equity and premium valuation."
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