tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Lennox price target raised to $676 from $570 at UBS

UBS analyst Damian Karas raised the firm’s price target on Lennox (LII) to $676 from $570 and keeps a Neutral rating on the shares. Some concerns around demand air pockets heading into the print were trumped by strong price realization and margin execution, the analyst tells investors in a research note. The firm thinks valuation is appropriate given a still choppy and sluggish near-term demand environment.

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>>

Disclaimer & DisclosureReport an Issue

1