Wells Fargo Maintains Overweight on Lennox Intl, Raises Price Target to $491
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joe O'Dea has maintained an Overweight rating on Lennox Intl (NYSE:LII) and increased the price target from $410 to $491.
December 19, 2023 | 1:52 pm
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POSITIVE IMPACT
Wells Fargo analyst Joe O'Dea maintains an Overweight rating on Lennox Intl and raises the price target to $491, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Joe O'Dea suggests a strong conviction in the company's future performance. This typically instills confidence in investors and can lead to a short-term increase in the stock price as market participants react to the positive news.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100