Baird Maintains Outperform on Lincoln Electric Holdings, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Mircea Dobre maintains an Outperform rating on Lincoln Electric Holdings (NASDAQ:LECO) and raises the price target from $184 to $200.
May 30, 2023 | 11:00 am
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Baird analyst Mircea Dobre maintains an Outperform rating on Lincoln Electric Holdings (NASDAQ:LECO) and raises the price target from $184 to $200.
The news of Baird maintaining an Outperform rating and raising the price target for Lincoln Electric Holdings (LECO) from $184 to $200 is positive for the stock. This indicates that the analyst has a bullish outlook on the company's performance and expects the stock price to rise in the short term. As a result, this news is likely to have a positive impact on LECO's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100