Lennox price target raised to $645 from $630 at Oppenheimer

Oppenheimer raised the firm’s price target on Lennox (LII) to $645 from $630 and keeps an Outperform rating on the shares. The firm believes the company’s in-depth Investor Day provided a clear playbook for focused growth built on competitive differentiators and the integration of recent investments in physical, digital, and human capital. 2030 financial targets appear conservative, Oppenheimer says. NPIs, distribution excellence, and digital/AI initiatives present multiple levers for top line and margins to exceed targets, the firm adds.