LinkedIn Corporation (NYSE:LNKD) shares jumped by more than 20 percent today after a stellar earnings report that saw the company pass 200 million users for the first time. Investors are trying to get in on the social network in the hopes that it will continue to outperform, but is the firm really a buy at 1000 times earnings? A Jeffries Research report on the company upgraded the price target to $175. Today’s trading brought the company’s shares just north of $150, landing them with a price target of close to 1000. Is the stock really a justified purchase at its…
LinkedIn Corporation (LNKD): A Buy At A PE of 1k? Jefferies Says Yes
HFA Staff
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