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LinkedIn Corp. (LNKD) Broke Out To A New High For The Year

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LinkedIn Corp. (LNKD: Quote) gapped up Wednesday and climbed steadily during the first hour of trade, before settling into a range. The stock finished with a gain of 10.78 at $168.55 on above average volume.

LinkedIn rose above a 2-week trading range Wednesday and set a new high for the year. Evercore Partners raised its price target on the social media company to $200 from $160.

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by RTT Staff Writer

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