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Roth MKM Keeps Their Buy Rating on Lincoln Electric Holdings (LECO)

Tipranks - Tipranks - Wed Feb 18, 8:36AM CST

Roth MKM analyst Tom Hayes reiterated a Buy rating on Lincoln Electric Holdings today and set a price target of $329.00.

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According to TipRanks, Hayes is a 3-star analyst with an average return of 3.3% and a 51.69% success rate. Hayes covers the Industrials sector, focusing on stocks such as Lincoln Electric Holdings, Enerpac Tool Group, and Tennant Co.

In addition to Roth MKM, Lincoln Electric Holdings also received a Buy from TipRanks – DeepSeek’s DeepSeek Manufacturing – Tools and Accessories in a report issued yesterday. However, today, Morgan Stanley maintained a Sell rating on Lincoln Electric Holdings (NASDAQ: LECO).

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Based on Lincoln Electric Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.08 billion and a net profit of $136.02 million. In comparison, last year the company earned a revenue of $1.02 billion and had a net profit of $140.23 million

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