Northcoast Research Upgrades Lindsay to Buy, Announces $142 Price Target
Portfolio Pulse from Benzinga Newsdesk
Northcoast Research analyst Ryan Connors upgrades Lindsay Corporation (NYSE:LNN) from Neutral to Buy and sets a price target of $142.
April 05, 2024 | 5:14 pm
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Lindsay Corporation upgraded from Neutral to Buy by Northcoast Research with a price target of $142.
Upgrades by research firms, especially with a significant price target increase, typically lead to positive short-term price movements as they reflect a positive change in the firm's outlook on the stock. The upgrade from Neutral to Buy suggests a strong confidence in the company's future performance, potentially leading to increased investor interest and stock price appreciation.
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IMPORTANCE 90
RELEVANCE 100