Market Overview

Wedbush Securities Sees Little Hope For Upside For Lindsay


In a report published Monday, Wedbush Securities analyst David L. Rose reiterated a Neutral rating and $74.00 price target on Lindsay Corporation (NYSE: LNN).

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 closed on Friday at $82.19.

Latest Ratings for LNN

Oct 2020Monness Crespi HardtUpgradesSellNeutral
Jan 2020StifelMaintainsHold
Oct 2018Stifel NicolausMaintainsHoldHold

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Posted-In: David L. Rose Wedbush SecuritiesAnalyst Color Reiteration Analyst Ratings

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