Tigress Financial raised the firm’s price target on Legence (LGN) to $125 from $85 and keeps a Buy rating on the shares. The firm cites the company’s “accelerating growth runway” for the target boost. Legence’s growth is being produced by a “powerful combination of explosive near-term execution and long-duration, contractually supported demand across structurally advantaged end markets,” the analyst tells investors in a research note.
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