LinkedIn price target raised to $176 from $150 at Piper Jaffray

theflyonthewall.com

Piper Jaffray raised its price target for LinkedIn following the company's Q4 results and keeps an Overweight rating on the stock. Piper thinks LinkedIn remains in the early stages of monetizing its professional network asset and says the company can continue to grow in the mid-double digit range for at least the next three years.

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