Lindaay Corp. (LNN) Tops Q1 EPS by 7c
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Wedbush Remains Sidelined as Headwinds Hindered Linday Corp.'s (LNN) 1Q
December 24, 2015 7:21 AM ESTWedbush reiterated a Neutral rating and $69.00 price target on Lindsay Corporation (NYSE: LNN), following the company's 1Q16 earnings report. Lower commodity prices and unfavorable FX continue to challenge Lindsays domestic and international irrigation businesses. While top-line sales of $121.6 million were approximately $7 million below estimates,... More
Piper Jaffray Raises PT on Lindaay Corp. (LNN) to $63 Following Mixed Q4
December 24, 2015 6:52 AM ESTPiper Jaffray Raised Price Target on Lindsay Corporation (NYSE: LNN) to $63.00 (from $59.00), but maintains an Underweight rating for the company. The raise in estimates comes following the mixed results in the November ending quarter where weak irrigation demand continues to weigh on top-line and margins. LNN reported mixed 4Q results, with an EPS of $0.62, which came in... More
