Stifel raised the firm’s price target on Lindsay (LNN) to $130 from $126 and keeps a Hold rating on the shares following “a solid EPS beat” in fiscal Q1, driven by continued strength from the company’s large Egypt irrigation project and strong operating margins in the Infrastructure segment, despite lower revenue.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.