Loop Capital Maintains Buy on Lincoln Electric Holdings, Lowers Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
Loop Capital maintains a Buy rating on Lincoln Electric Holdings (NASDAQ:LECO) but lowers the price target from $285 to $265.
May 24, 2024 | 3:25 pm
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NEUTRAL IMPACT
Loop Capital maintains a Buy rating on Lincoln Electric Holdings but lowers the price target from $285 to $265.
The maintained Buy rating suggests continued confidence in the stock, but the lowered price target indicates a more cautious outlook on its near-term performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100