Lindblad Expeditions price target raised to $23 from $20 at Stifel

Stifel analyst Steven Wieczynski raised the firm’s price target on Lindblad Expeditions (LIND) to $23 from $20 and keeps a Buy rating on the shares after having recently hosted CEO Natalya Leahy and CFO Rick Goldberg for a series of investor meetings. The firm believes Lindblad will lay out long-term financial targets at some point in 2026 that should show existing assets could produce EBITDA well north of $150M, which it argues “will be a game changer for the company’s investor perception” given previous management was reluctant to provide any type of long-term guidance and transparency.