In Friday's Analysts' Actions, one Wall Street firm is a fan of LinkedIn (LNKD), but not so much of Papa John's International (PZZA). Meanwhile, another firm begins covering DSW (DSW). LinkedIn's price target got bumped to $280 from $250 at KeyBanc Capital Markets. This comes after the professional networking service posted strong third quarter earnings after the market closed on Thursday. Both its top and bottom line topped forecasts, which the firm applauds. On top of that, Talent Solutions grew for the second quarter in a row. Overall, analysts said this is an easy note to write and is keeping its OVERWEIGHT rating. In another note, the same firm slapped Papa John's International with a downgrade to SECTOR WEIGHT from OVERWEIGHT. Here's why: the pizza chain operator needs time to grow into the current premium valuation. But, it looks like the company is trying to cut operating loss in China. Overall, long-term growth drivers are intact. Deutsche Bank started coverage of DSW with a HOLD rating and a $27 price target. A few upsides include a 'robust omnichannel growth' and a 'clean balance sheet.' However, the firm pointed to slowing square footage growth and expects margins to stay under peak levels. For now, analysts are waiting to see more positives before completely siding with the bulls. TheStreet's U-Jin Lee reports on Wall Street.
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