Wedbush Securities Sees Little Hope for Upside for Lindsay Corporation

In a report published Monday, Wedbush Securities analyst David L. Rose reiterated a Neutral rating and $74.00 price target on

. In the report, Wedbush Securities noted, "We are forecasting EPS of $1.17 on revenues of $162.4 million versus consensus estimates of $1.13 and $156.6 million, respectively. While we see little upside to the consensus figure, differences may stem from our inclusion of the recent acquisition of Elecsys in our forecast and profitability assumptions from the Golden Gate Road Zipper project." Lindsay Corporation closed on Friday at $82.19.