LinkedIn Gets Pre-Earnings Boost, Kohl's Seen as a Bargain

LinkedIn got a pre-earnings confidence boost, Kohl’s was seen as good value, and Michael Kors lost its shine in Tuesday's Analysts' Actions. LinkedIn won’t report its fourth quarter until Thursday but Goldman Sachs gave it a vote of confidence. Analysts placed the business networking site on its 'Conviction Buy' list with a $280 price target. Jefferies reiterated Kohl’s as a BUY but upped its price target by $3 to $71 a share. Michael Kors was downgraded to HOLD from BUY at Canaccord, while its price target was slashed to $76 a share. Analysts said increased discounting at its stores had conditioned buyers to wait for the sale.