Lennox price target lowered to $570 from $625 at UBS

UBS lowered the firm’s price target on Lennox (LII) to $570 from $625 and keeps a Neutral rating on the shares. Shares fell 9% on Tuesday following “mixed” Q1 results, with concerns around near-term demand and execution challenges overshadowing the company’s meaningful pricing actions to offset tariffs and preserve profitability, the analyst tells investors in a research note. UBS is eager to see how much share Lenox can recapture in Emergency Replacement when a “normal” environment returns, and the level margin expansion off new capacity ramp.