Zacks Downgrades Lindsay to Strong Sell Rating

Analysts cite concerns about the industrial products company's future performance.

Apr. 9, 2026 at 10:28am

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A high-contrast, black-and-white close-up image of the heavy, mechanical components that make up an agricultural irrigation system, conveying a sense of the industrial nature of Lindsay's core business.A close-up view of the rugged, industrial machinery that powers Lindsay's agricultural irrigation systems, hinting at the challenges the company may face in the current economic climate.Omaha Today

Zacks Research has downgraded Lindsay Corporation (NYSE:LNN) from a 'hold' rating to a 'strong sell' rating, citing worries about the company's future outlook. The move comes after another analyst, Stifel Nicolaus, also reduced its price target for Lindsay stock.

Why it matters

Lindsay is a major manufacturer of agricultural irrigation systems and infrastructure products, so this downgrade signals potential challenges ahead for the company and could impact investor confidence in the stock.

The details

In its research note, Zacks cited a number of factors behind the downgrade, including Lindsay's recent quarterly earnings miss and the overall economic uncertainty facing the agricultural sector. Stifel Nicolaus also lowered its price target for Lindsay from $128 to $113, though it maintained a 'hold' rating on the stock.

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

The players

Zacks Research

An independent equity research firm that provides investment recommendations and analysis.

Stifel Nicolaus

A full-service wealth management and investment banking firm.

Lindsay Corporation

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

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The takeaway

This downgrade from Zacks and price target reduction from Stifel Nicolaus suggest that analysts see potential challenges ahead for Lindsay, which could impact investor sentiment and the company's future performance.