Stifel Nicolaus Lowers Lindsay Price Target to $113

Analysts cite lower outlook for industrial products company

Apr. 6, 2026 at 12:19pm

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Stifel Nicolaus, an investment research firm, has lowered its price target for Lindsay Corporation (NYSE: LNN) from $128 to $113 per share. The firm maintained a 'hold' rating on the industrial products company's stock.

Why it matters

Lindsay is a major manufacturer of agricultural irrigation systems and infrastructure products. Stifel's price target reduction suggests analysts have a more cautious outlook on the company's near-term performance and growth prospects.

The details

In a research note, Stifel Nicolaus cited weaker-than-expected financial results from Lindsay as the reason for the lower price target. The company's shares closed at $102.94 on Monday, down 0.1% from the previous trading session.

  • Lindsay reported its latest quarterly earnings on April 2, 2026.

The players

Lindsay Corporation

A U.S.-based manufacturer of agricultural irrigation and infrastructure products, headquartered in Omaha, Nebraska.

Stifel Nicolaus

An investment research and banking firm that covers Lindsay Corporation and other industrial stocks.

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The takeaway

Stifel Nicolaus' downgrade of Lindsay's price target reflects a more cautious outlook on the company's near-term performance, potentially signaling broader challenges facing the industrial products sector.