Stifel Maintains Hold on Lincoln Electric Holdings, Raises Price Target to $211
Portfolio Pulse from richadhand@benzinga.com
Stifel analyst Nathan Jones maintains a 'Hold' rating on Lincoln Electric Holdings (NASDAQ:LECO) and raises the price target from $176 to $211.

July 19, 2023 | 4:31 pm
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Stifel analyst maintains a 'Hold' rating on Lincoln Electric Holdings and raises the price target from $176 to $211.
The news is directly about Lincoln Electric Holdings (LECO). The 'Hold' rating suggests that the analyst believes the stock will perform approximately in line with the market in the near future. The increase in price target from $176 to $211 indicates an expectation of potential upside, which could be positive for the stock. However, as the rating is 'Hold', it does not necessarily suggest a strong buy or sell action, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100