Stifel Maintains Hold on Lincoln Electric Holdings, Raises Price Target to $241
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Nathan Jones maintains a Hold rating on Lincoln Electric Holdings (LECO) and raises the price target from $239 to $241.
April 17, 2024 | 2:50 pm
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Stifel maintains a Hold rating on Lincoln Electric Holdings and raises the price target from $239 to $241.
The adjustment in price target by Stifel suggests a slight positive outlook on Lincoln Electric Holdings' future performance. However, the Hold rating indicates that the analyst does not see significant short-term price movement. The increase in price target is modest, suggesting only a minor adjustment in the valuation model.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100