Lincoln Electric Reports First Quarter 2016 Results

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Seaport Global Securities Upgrades Lincoln Electric (LECO) to Buy

April 20, 2016 9:00 AM EDT

Seaport Global Securities upgraded Lincoln Electric (NASDAQ: LECO) from Neutral to Buy with a price target of $80.00.

Analyst Walt Liptak commented, "LECOs 2016 outlook has improved following stabilization in Q1:16. Despite exposure to O&G, heavy fabrication and US exports, we are encouraged... More