Seaport Research lowered the firm’s price target on Lincoln Electric (LECO) to $220 from $240 and keeps a Buy rating on the shares. The firm is cutting its price target on the stock due to macro uncertainties and lower peer group valuation, the analyst tells investors.
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Read More on LECO:
- Lincoln Electric price target lowered to $225 from $245 at KeyBanc
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- Lincoln Electric Reports Steady Q1 2025 Performance
- Lincoln Electric’s Earnings Call: Cautious Optimism Amid Challenges
- Lincoln Electric reports Q1 adjusted EPS $2.16, consensus $2.23
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