JP Morgan Maintains Underweight on Lennox Intl, Raises Price Target to $360
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Stephen Tusa maintains an Underweight rating on Lennox Intl (LII) and raises the price target from $350 to $360.

April 25, 2024 | 4:25 pm
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JP Morgan maintains an Underweight rating on Lennox Intl but raises the price target from $350 to $360.
While the upgrade in price target from $350 to $360 by JP Morgan suggests a slightly more positive outlook on the stock's valuation, the maintenance of an Underweight rating indicates ongoing concerns about the company's prospects. This mixed signal could lead to neutral short-term price movement as investors weigh the increased price target against the bearish rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100