This morning, Pacific Crest initiated coverage on shares of LinkedIn (LNKD) with an outperform rating as the company is developing a clear roadmap to monetization of the website. In the report, Pacific Crest set a $215 price target. Shares of LinkedIn were higher by 1.1% on Tuesday.
Morgan Stanley initiated coverage on shares of Quintiles Transnational (Q) with an overweight rating as the company could emerge as the industry leader in outsourced biopharmaceutical research and development. In the report, Morgan Stanley set a $51 price target. Shares of Quintiles were higher by 0.7% today.
And Canaccord initiated coverage on shares of T-Mobile USA (NASDAQ:TMUS) with a hold rating as the market is already pricing in the possibility of a takeover. With the new coverage, Canaccord set a $22 price target. Shares of T-Mobile were flat on the news, trading just above the current price target.
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