Lennox price target raised to $582 from $580 at RBC Capital

RBC Capital raised the firm’s price target on Lennox (LII) to $582 from $580 and keeps a Sector Perform rating on the shares. The company reported a low earnings quality, with Building Climate Solutions segment that was sharply below expectations, missing on revenue and margins, the analyst tells investors in a research note. RBC adds however that it was impressed with management’s assessment of the tariff headwinds and intricacies as well as Lennox’s mitigation gameplan.