NEW YORK (TheStreet) -- Shares of LinkedIn Corp (LNKD) were up 3.61% to $212.20 in early market trading Wednesday, after analysts at JPMorgan Chase added the professional networking site to the firm's "U.S. Equity Analyst Focus List" as a growth strategy earlier this morning.
The firm reiterated its "overweight" rating and its $300 price target.
Analysts at the firm call LinkedIn their "most actionable name," and sees the company's net ratio improving through its second quarter.
LinkedIn helps manage professional identity, ability to build and engage with professional networks, access to knowledge, insights and opportunities and ubiquitous access.
The company is based in Mountain View, Calif.
Separately, TheStreet Ratings team rates LINKEDIN CORP as a Hold with a ratings score of C-. TheStreet Ratings Team has this to say about their recommendation:
"We rate LINKEDIN CORP (LNKD) a HOLD. The primary factors that have impacted our rating are mixed, some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share."
Highlights from the analysis by TheStreet Ratings Team goes as follows: