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Lincoln Electric Holdings (LECO) Gets a Hold from Stifel Nicolaus

Tipranks - Tipranks - Thu Jan 1, 6:40AM CST

Stifel Nicolaus analyst Nathan Jones maintained a Hold rating on Lincoln Electric Holdings yesterday and set a price target of $252.00. The company’s shares closed yesterday at $243.37.

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According to TipRanks, Jones is a top 100 analyst with an average return of 21.8% and a 73.71% success rate. Jones covers the Industrials sector, focusing on stocks such as Parker Hannifin, Curtiss-Wright, and ITT.

Lincoln Electric Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $272.00.

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Based on Lincoln Electric Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.06 billion and a net profit of $122.63 million. In comparison, last year the company earned a revenue of $983.76 million and had a net profit of $100.76 million

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