Baird raised the firm’s price target on Lennox (LII) to $656 from $648 and keeps a Neutral rating on the shares. The firm said strong residential volume performance helped drive EPS upside and 2024 guidance raise, though attention primarily focused on A2L pre-buy and related scenario analysis for the 2025 refrigerant transition.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LII:
- Lennox price target raised to $624 from $575 at Barclays
- McDonald’s down after outbreak, Starbucks slides after warning: Morning Buzz
- Lennox International Reports Strong Q3 and Leadership Change
- Lennox reports Q3 adjusted EPS $6.68, consensus $6.00
- Lennox raises FY24 EPS view to $20.75-$21.00 from $19.50-$20.25