LIND - Why Lindblad Expeditions Won't Join The Discount War: Analyst On Long-Term Strategy For Preserving High-End Demand | Benzinga
Stifel analyst Steven M. Wieczynski reiterated a Buy rating on Lindblad Expeditions Holdings Inc. (NASDAQ: LIND), lowering the price target to $16 from $17.
The analyst notes that the demand for LIND’s high-end products (Antarctica/Galápagos/Alaska) continues to be strong, while demand for some of their shoulder/less desirable itineraries remains mixed.
LIND continues to witness an uptick in price discounting from certain "peers” but noted this is a practice they absolutely won’t participate in as they have conviction in their product ...