UBS Adjusts Price Target on Lincoln Electric to $360 From $340, Maintains Buy Rating
UBS has increased its price target for Lincoln Electric Holdings, Inc. from $340 to $360 while maintaining a Buy rating on the stock.
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Lincoln Electric Holdings, Inc. announced its financial results for the third quarter of 2026, reporting growth in both net sales and adjusted earnings per share that exceeded analyst expectations.
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UBS has increased its price target for Lincoln Electric Holdings, Inc. from $340 to $360 while maintaining a Buy rating on the stock.
Lincoln Electric reported record Q3 2026 sales and earnings with mid-teens organic growth. Volume growth outpaced price increases for the first time in 2.5 years, driven by accelerating industrial demand. The company raised prices to offset inflationary raw material costs and introduced ExpertLink, a Physical AI solution for robotic welding automation. Full-year guidance was raised to low-teens sales growth.
Lincoln Electric Holdings (NASDAQ:LECO) reported third-quarter financial results on Tuesday. The transcript from the company’s third-quarter earnings call has been provided below.This transcript is brought to you by