Barclays raised the firm’s price target on Lincoln Electric (LECO) to $235 from $220 and keeps an Overweight rating on the shares following the Q4 report. Lincoln’s cost playbook “is built-in earnings power in a market that still feels relatively benign,” the analyst tells investors in a research note.
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Read More on LECO:
- Lincoln Electric price target raised to $248 from $235 at Baird
- Lincoln Electric price target raised to $245 from $230 at KeyBanc
- Lincoln Electric’s Steady Performance Amid Market Challenges
- Lincoln Electric’s Resilient Growth Amid Challenges
- Lincoln Electric reports Q4 adjusted EPS $2.57, consensus $1.99