LinkedIn was Downgraded to a Hold Rating at RBC Capital

By George MacDonald

RBC Capital analyst Mark Mahaney downgraded LinkedIn (NYSE: LNKD) to Hold today and set a price target of $156. The company’s shares closed yesterday at $192.28.

Currently, the analyst consensus on LinkedIn is Moderate Buy and the average price target is $230.17, representing a 19.7% upside. In a report released today, J.P. Morgan also downgraded the stock to Hold.

The company has a one year high of $276.18 and a one year low of $165.57. Currently, LinkedIn has an average volume of 1.51M.

Unlike RBC Capital`s latest rating, based on the recent corporate insider activity of 133 insiders, corporate insider sentiment is negative on the stock. Most recently, in November 2015, Michael John Callahan, a the VP, GC & Sec of LNKD sold 162 shares for a total of $39,149.

According to, Mahaney is a top 25 analyst with an average return of 17.0% and a 55.7% success rate. Mahaney covers the Technology sector, focusing on stocks such as Quotient Technology Inc, IAC/InterActiveCorp, and Angie’s List Inc.

LinkedIn Corp operates a social networking website used for professional networking. The Company’s website allows members to post a profile of their professional expertise and accomplishments.