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Lindsay (LNN) Receives a Rating Update from a Top Analyst

Tipranks - Tipranks - Sat Jan 10, 6:08AM CST

In a report released today, Nathan Jones from Stifel Nicolaus maintained a Hold rating on Lindsay, with a price target of $128.00.

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Jones covers the Industrials sector, focusing on stocks such as Parker Hannifin, Curtiss-Wright, and ITT. According to TipRanks, Jones has an average return of 21.7% and a 72.93% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for Lindsay with a $128.00 average price target.

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Based on Lindsay’s latest earnings release for the quarter ending August 31, the company reported a quarterly revenue of $153.56 million and a net profit of $10.81 million. In comparison, last year the company earned a revenue of $155 million and had a net profit of $12.74 million

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