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Lindsay price target lowered to $122 from $136 at Stifel

Stifel lowered the firm’s price target on Lindsay (LNN) to $122 from $136 and keeps a Hold rating on the shares. Lindsay reported a top line beat, but missed EPS expectations, notes the analyst. Domestic irrigation markets remain challenged and FY26 has difficult comparisons in International irrigation and the Infrastructure business from large projects in FY25, the analyst added in a post-earnings note.

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