Keybanc Maintains Overweight on Lincoln Electric Holdings, Lowers Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Steve Barger maintains an Overweight rating on Lincoln Electric Holdings (NASDAQ:LECO) but lowers the price target from $280 to $240.
May 24, 2024 | 9:44 am
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Keybanc analyst Steve Barger maintains an Overweight rating on Lincoln Electric Holdings but lowers the price target from $280 to $240.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns about future performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100