Barclays analyst Julian Mitchell raised the firm’s price target on Lennox (LII) to $624 from $575 and keeps an Equal Weight rating on the shares post the Q3 report. The company’s Q4 guidance embeds minimal pre-buy and if one occurs, the 2024 earnings “jumping off point” into ’25 is much higher, suggesting ongoing positive revision momentum, the analyst tells investors in a research note.
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