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Fly News Breaks for June 27, 2019
LECO
Jun 27, 2019 | 07:52 EDT
As previously reported, KeyBanc analyst Steve Barger downgraded Lincoln Electric to Sector Weight from Overweight as he takes a more selective approach to his short cycle names given moderating end markets and no immediate visible catalyst for demand reacceleration. The analyst thinks growth is moderating due to tough prior year comparisons and uncertainty around trade issues, and believes positive price impacts are narrowing as surcharges roll off, an issue which he expects will extend into the second half of 2019.
News For LECO From the Last 2 Days
LECO
Apr 25, 2024 | 16:29 EDT
