Stifel lowered the firm’s price target on Lindsay (LNN) to $128 from $134 and keeps a Hold rating on the shares. The firm, which is assuming U.S. trade policy leads to a modest industrial recession in the second half of 2025 through the first half of 2026, thinks the primary increased risk to Lindsay comes from possible export barriers on U.S. agricultural commodities causing oversupply and lower prices.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LNN:
- Lindsay price target raised to $134 from $130 at Stifel
- Lindsay Corp. Reports Record Earnings Amid Revenue Growth
- Lindsay Corp. Earnings Call: Record Gains Amid Challenges
- Stocks plummet after Trump tariffs, JPMorgan warns of recession: Morning Buzz
- Morning Movers: Markets tumble as sweeping tariffs spark trade fears