Rothschild & Co Redburn initiated coverage of Legence (LGN) with a Buy rating and $35.50 price target implying 18% potential upside. The firm says the company’s ability to offer design, engineering, installation and maintenance services provides “unique exposure to high-growth end markets.” It forecasts double-digit growth over the next two years for Legence.
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Read More on LGN:
- Legence initiated with an Outperform at BMO Capital
- Legence initiated with a Buy at Goldman Sachs
- Hold Rating for Legence Corp.: Balancing High Growth Potential with Financial and Execution Risks
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