Lindblad Expeditions price target raised to $15 from $13 at B. Riley

B. Riley raised the firm’s price target on Lindblad Expeditions to $15 from $13 and keeps a Buy rating on the shares ahead of the Q2 earnings report. The firm expects a positive update as the company continues to accretively fill occupancy into the stronger operating quarters and begins to book expeditions in 2025 with additional high-demand capacity coming becoming available next year, the analyst tells investors in a research note. Any further increase in 2024 bookings would be highly accretive, the firm says.