Citi loves the Apple Watch, General Motors could drive higher, and LinkedIn gets a recommendation, all in Tuesday’s Analysts’ Actions. Apple’s price target was boosted to $145 at Citigroup after pricing for the Apple Watch came in higher than expected at $349 for the cheapest model. General Motors was nudged to $50 with its BUY rating maintained at Citigroup. The firm said the revision factors in a recently-announced $5 billion stock buyback program, plus its quarterly dividend hike. LinkedIn had its price target increased to $295 at Pacific Crest. Analysts said recent launches put the company in the best position to serve the B2B online ad market.
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