Barclays lowered the firm’s price target on Lennox (LII) to $696 from $702 and keeps an Overweight rating on the shares following the earnings report. The firm continues to favor early-cycle exposure within the multi-industry sector, and it says Lennox is one of the purest ways of playing that theme, alongside having outsized pricing power.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LII: