UPDATE: JG Capital Initiates LinkedIn Corporation at Neutral on Earnings Expectations
January 24, 2013 at 13:58 PM EST
JG Capital initiated coverage on LinkedIn Corporation (NYSE: LNKD ) with a Neutral rating and a $135.00 price target. JG Capital commented, "LinkedIn.com is the world's largest professional social network with >187mm members, growing significantly from 2mm members in 2004. Given LNKD's TAM of professionals worldwide is 640mm, we