In Friday’s Analysts’ Actions, TheStreet highlights Costco Wholesale (COST), Coty Inc (COTY), and LinkedIn (LNKD). Analysts at Oppenheimer upgraded warehouse retailer Costco to OUTPERFORM from PERFORM with a $160 price target, citing an appealing entry point. Wells Fargo analysts downgraded beauty company COTY to a MARKET PERFORM from an OUTPERFORM rating. The firm thinks the boost from the purchase of Procter & Gamble’s (PG) 43 beauty brands may already be factored into Coty’s share price. And, Mizuho analysts initiated coverage on professional networking site LinkedIn with a BUY rating, and a $240 price target. The firm named LinkedIn its top mid-cap stock. Analysts believe LinkedIn has transformed into a major media company. TheStreet’s Kurumi Fukushima reports in New York.
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