Lennox price target lowered to $592 from $608 at Goldman Sachs

Goldman Sachs lowered the firm’s price target on Lennox (LII) to $592 from $608 and keeps a Buy rating on the shares. The company reported Q4 segment EBIT that was 5% below estimates, driven by weaker than expected sales and margins in HCS – Home Comfort Solutions – partially offset by in-line EBIT performance in Building Climate Solutions segment, the analyst tells investors in a research note. The FY26 guide is achievable given price+mix+productivity should more than offset inflation, the firm added.