Wells Fargo Maintains Overweight on Lennox Intl, Lowers Price Target to $520
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph O'Dea maintains an Overweight rating on Lennox Intl (LII) but lowers the price target from $545 to $520.
April 25, 2024 | 2:28 pm
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NEUTRAL IMPACT
Wells Fargo maintains an Overweight rating on Lennox Intl but lowers the price target from $545 to $520.
The adjustment in price target by Wells Fargo, while maintaining an Overweight rating, suggests a continued positive outlook on Lennox Intl but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on the stock as the market digests the revised target alongside the maintained confidence in the company's fundamentals.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100