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Lindblad Expeditions price target raised to $18 from $17 at Stifel

Stifel raised the firm’s price target on Lindblad Expeditions (LIND) to $18 from $17 and keeps a Buy rating on the shares. Investors are “too concerned” about near-term second half guidance being “lowered” instead of being focused on what was reported this quarter and what that means for long-term EBITDA potential, according to the analyst, who argues that “the setup couldn’t be any better” from here.

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