Hiking his price target on the Buy-rated stock to $275 from $240, SunTrust’s Robert Peck notes the easy earnings beat, guidance that’s likely to prove conservative, continued strong growth in TAS, and Marketing Solutions outperformance.
“We believe the most important takeaway from the call is management’s level of enthusiasm and confidence in Sales Navigator heading into CY 15,” says Piper Jaffray’s Gene Munster, reiterating his Overweight rating and hiking the price target to $297 from $282.
Credit Suisse lifts its PT to $331 from $285, and Evercore ISI boosts to $290.
BofA upgrades to Buy with $320 price target.
LNKD +9.5% premarket