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Buy Rating for LinkedIn by Stifel Nicolaus

 (Image source: forbes)

Stifel Nicolaus, the full service brokerage and investment firm came out with their first recommendation on LinkedIn Corp (NYSE:LNKD), which was a buy rating. The firm believes that the professional online networking site is playing a huge in facilitating employment to professionals seeking work. LinkedIn is increasingly become an intricate part of a professionals life. Stifel Nicolaus has a price target of $300 a share on the stock. Year-to-day, the stock is up an astonishing 96 percent.