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LinkedIn (LNKD) Stock Price Target Raised at Barclays

NEW YORK (TheStreet) -- Barclays raised its price target on LinkedIn (LNKD - Get Report) to $265 from $250 on Monday. The firm maintained its "overweight" rating on the stock.

Last week, the Mountain View, CA-based online networking site reported 2015 third quarter earnings of 78 cents per share on revenue of $780 million. Analysts were expecting the company to report earnings of 46 cents per share on revenue of $756 million.

LinkedIn's core Talent Solutions segment grew 34% in the third quarter, which was better than Barclays analysts had expected.

"We had highlighted LinkedIn as the one name in our coverage universe that has had some controversy heading into the...


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