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Lennox upgraded to Peer Perform from Underperform at Wolfe Research

Wolfe Research upgraded Lennox (LII) to Peer Perform from Underperform without a price target The firm sees price, inventory, and regulatory risks for the company entering 2026. However, Lennox also has potential share gain and margin execution offsets, creating a balanced risk/reward, the analyst tells investors in a research note.

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