Tigress Financial initiated coverage of Legence (LGN) with a Buy rating and $54 price target The firm views the company as “uniquely positioned” to drive above-market growth due to “surging” demand in artificial intelligence-enabled data centers, its expansion in healthcare and life sciences, and the need for energy-efficient infrastructure. Legence’s liquid-to-chip cooling solutions address the thermal and energy demands of next-generation AI workloads, the analyst tells investors in a research note.
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