Tag: LNN

  • Farm & Construction: Joy Global (NYSE:JOY), Lindsay Corporation (NYSE:LNN), Alamo Group (NYSE:ALG), Deere & Company (NYSE:DE)

    Joy Global Inc. (NYSE:JOY) Director Richard B. Loynd unloaded 1,200 shares of the stock on the open market in a transaction dated Friday, March 7th. The stock was sold at an average price of $56.68, for a total value of $68,016.00. Following the sale, the director now directly owns 44,582 shares of the company’s stock, valued at approximately $2,526,908. Joy Global Inc. (NYSE:JOY) stock opened at $56.48 in last trading session, and closed at $55.43, trading in the range of $54.83 – $56.48. The stock showed a positive weekly performance of 1.28%.

    Lindsay Corp. (NYSE:LNN) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a report issued on Thursday, AnalystRatingsNetwork reports. The firm currently has a $96.00 target price on the stock. Zacks‘ price target suggests a potential upside of 4.38% from the stock’s previous close. Lindsay Corporation (NYSE:LNN) shares closed at $84.35 on last trade day, by losing -0.13%. Stock 52 week range is $71.13 – $94.50. Company’s market capitalization is $1.09 billion.

    Alamo Group Inc. announced that Ron Robinson, President and Chief Executive Officer will present at Sidoti & Company’s 18th Annual Emerging Growth Institutional Investor Forum on Tuesday, March 18, 2014 at 11:20 a.m. Eastern Time. The forum is being held at the Grand Hyatt Hotel in New York City. Alamo Group, Inc. (NYSE:ALG) stock advanced 1.49% and finished the last session at $60.00. The EPS of the stock remained 2.81. Company’s market capitalization is $724.83 million.

    Deutsche Bank has initiated coverage of Deere & Company (NYSE:DE) with a “buy” rating and $110 price target. The investment firm said fundamentals are improving in international agriculture and construction markets. Deere & Company (NYSE:DE) stock opened at $88.53 in last trading session and closed at $88.52. The 52 week range of the stock is $79.50 – $93.88 and the day range was $87.56 – $88.58.