Lindaay Corp. (LNN) Misses Q4 EPS Views

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Go back to Lindaay Corp. (LNN) Misses Q4 EPS Views

Piper Jaffray Cuts Price Target on Lindaay Corp. (LNN) to $59 Following EPS Miss

October 16, 2015 9:19 AM EDT

Piper Jaffray reiterated an Underweight rating on Lindsay Corporation (NYSE: LNN), and cut the price target to $59.00 (from $74.00), following the company's 4Q15 earnings results. LNN reported 4Q downside where EPS of ($0.28) was well below Street estimates of $0.55.

Analyst Brett Wong commented, "We are revising our... More