Lindsay Corp. (LNN) Tops Q4 EPS by 32c; Offers FY15 Outlook

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Piper Jaffray Downgrades Lindsay Corporation (LNN) to Underweight

October 10, 2014 6:45 AM EDT

Piper Jaffray downgraded Lindsay Corporation (NYSE: LNN) from Neutral to Underweight with a price target of $71.00 (from $77.00).

Analyst Michael E. Cox commented, "We are downgrading shares of LNN from Neutral to Underweight as we continue to believe that demand for irrigation... More