Morgan Stanley raised the firm’s price target on Lincoln Electric (LECO) to $247 from $240 and keeps an Underweight rating on the shares. The firm updated targets in the group as part of its weekly machinery and construction industry update.
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Read More on LECO:
- Lincoln Electric price target raised to $320 from $275 at Seaport Research
- Lincoln Electric price target raised to $240 from $208 at Morgan Stanley
- Lincoln Electric price target raised to $330 from $295 at Baird
- Lincoln Electric price target raised to $300 from $253 at Stifel
- Lincoln Electric price target raised to $310 from $280 at Barclays