Baird lowered the firm’s price target on Lincoln Electric (LECO) to $212 from $242 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results as flexible pricing gives them room to maneuver.
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Read More on LECO:
- Lincoln Electric Reports Steady Q1 2025 Performance
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- Lincoln Electric price target lowered to $179 from $187 at Morgan Stanley