Stifel lowered the firm’s price target on Lindblad Expeditions to $16 from $17 and keeps a Buy rating on the shares after having recently hosted management for investor meetings. The firm has “modestly” lowered its estimates, both in the near-term and out-years, to incorporate the current fuel headwind, but with where shares are now trading it continues to believe “this remains one of the most compelling stocks under our coverage for 2024,” the analyst tells investors.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on LIND:
- Lindblad Expeditions sees FY23 revenue $550M-$575M, consensus $567.75M
- Lindblad Expeditions reports Q2 EPS (48c), consensus (32c)
- Lindblad Expeditions Holdings, Inc. Reports 2023 Second Quarter Financial Results
Questions or Comments about the article? Write to editor@tipranks.com