Lindblad Expeditions price target lowered to $16 from $17 at Stifel

Stifel lowered the firm’s price target on Lindblad Expeditions to $16 from $17 and keeps a Buy rating on the shares after having recently hosted management for investor meetings. The firm has “modestly” lowered its estimates, both in the near-term and out-years, to incorporate the current fuel headwind, but with where shares are now trading it continues to believe “this remains one of the most compelling stocks under our coverage for 2024,” the analyst tells investors.