Wells Fargo analyst Joseph O’Dea raised the firm’s price target on Lennox (LII) to $675 from $550 and keeps an Underweight rating on the shares. The firm says price/mix vastly outpaced cost, driving a very strong Q2 margin beat and raise. Wells remains bearish on the name, seeing limited near-term relative valuation expansion given elevated second half of the year market uncertainty and diminished revision risk following the raise.
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:
- Lennox price target raised to $753 from $696 at Barclays
- Lennox International Reports Strong Q2 2025 Results
- Early notable gainers among liquid option names on July 23rd
- Lennox International’s Strong Financial Performance and Strategic Growth Drive Buy Rating
- Lennox raises FY25 adjusted EPS view to $23.25-$24.25 from $22.25-$23.50