Barclays lowered the firm’s price target on Lennox (LII) to $730 from $753 and keeps an Overweight rating on the shares. The firm adjusted targets in the multi-industry sector. Its base case is for down year-over-year sales in fiscal Q1 of 2026, with flattish sales overall in 2026. Barclays does not think the current “confluence of headwinds” should be capitalized, especially given high valuations in the group.
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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LII:
- Strategic Acquisition Boosts Lennox International’s Market Position and Earnings Outlook
- Lennox to acquire HVAC division of NSI Industries for $550M
- Lennox price target raised to $676 from $570 at UBS
- Lennox International’s Earnings Call Highlights Growth and Challenges
- Lennox price target raised to $705 from $611 at RBC Capital