Lindblad Expeditions price target lowered to $17 from $18 at Stifel

6 days ago 23

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Lindblad Expeditions terms people lowered to $17 from $18 astatine Stifel

TipRanks

Thu, May 8, 2025, 7:35 AM 1 min read

Stifel lowered the firm’s price target connected Lindblad Expeditions (LIND) to $17 from $18 and keeps a Buy standing connected the shares. The steadfast notes that shares spiked pursuing the company’s “impressive” Q1 net release, yet settling for a much humble summation connected the day. While determination are puts and takes to management’s commentary and guardant outlook, successful Stifel’s view, determination is nary denying Q1 was a blowout 4th for the institution arsenic Lindblad posted quarterly EBITDA 55% up of consensus. The steadfast besides notes that dilatory but surely, it is getting affirmative indications that the Disney/NG concern volition wage important dividends implicit time. The cardinal happening for Stifel is request remains steadfast and cancellation rates stay successful a mean position. To beryllium arsenic blimpish arsenic possible, the steadfast has present modeled successful a mean recession successful 2026/2027.

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