KeyBanc analyst Steve Barger raised the firm’s price target on Lincoln Electric (LECO) to $340 from $280 and keeps an Overweight rating on the shares. The firm notes shares rose following its Q4 results. To start 2026, KeyBanc is seeing a positive backdrop and early signs of an inflection in short cycle manufacturing, and Lincoln’s FY26 guide came in modestly above consensus.
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 Earnings Call: Records, Risks and RISE
- Lincoln Electric reports Q4 adjusted EPS $2.65, consensus $2.54
- LECO Upcoming Earnings Report: What to Expect?
- Lincoln Electric price target raised to $297 from $285 at Roth Capital
- Lincoln Electric price target raised to $280 from $260 at Barclays