BMO Capital initiated coverage of Legence (LGN) with an Outperform rating and $36 price target The firm sees a compelling risk/reward at current share levels. Legence is well positioned to benefit from the “significant” investment cycle in data centers, advanced manufacturing, and healthcare, the analyst tells investors in a research note. BMO sees potential acquisitions providing a further upside to estimates.
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Read More on LGN:
- 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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