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Legence price target raised to $48 from $36 at RBC Capital

RBC Capital analyst Sabahat Khan raised the firm’s price target on Legence (LGN) to $48 from $36 and keeps an Outperform rating on the shares. Legence reported a strong inaugural quarter as a public company, with revenue and adjusted EBITDA above consensus, supported by the various megatrends that Legence is exposed to, while 4Q25 and 2026 guidance were also ahead at the midpoint, the analyst tells investors in a research note.

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