Baird Maintains Outperform on Lincoln Electric Holdings, Lowers Price Target to $236
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Mircea Dobre maintains an Outperform rating on Lincoln Electric Holdings (NASDAQ:LECO) but lowers the price target from $252 to $236.
May 24, 2024 | 12:07 pm
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Baird analyst Mircea Dobre maintains an Outperform rating on Lincoln Electric Holdings but lowers the price target from $252 to $236.
The Outperform rating suggests continued confidence in the company's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100