Stifel raised the firm’s price target on Legence (LGN) to $58 from $50 and keeps a Buy rating on the shares. The firm sees opportunity for its electrical and mechanical contractor coverage to outperform consensus expectations in Q4, noting that its survey work found that overall activity improved sequentially and was ahead of expectations, the analyst tells investors.
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Read More on LGN:
- Legence price target raised to $45 from $37 at Barclays
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