Baird raised the firm’s price target on Lincoln Electric (LECO) to $280 from $241 and keeps an Outperform rating on the shares. The firm updated its model following Q2 results. Baird sees the cyclical recovery picking up steam and they remain buyers of the shares.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LECO:
- Lincoln Electric price target raised to $280 from $250 at KeyBanc
- Lincoln Electric’s Strong Q2 2025 Performance and Strategic Growth
- Lincoln Electric’s Strong Q2 Performance Amid Challenges
- Lincoln Electric reports Q2 adjusted EPS $2.60, consensus $2.31
- LECO Earnings Report this Week: Is It a Buy, Ahead of Earnings?