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Fly News Breaks for April 23, 2019
LII
Apr 23, 2019 | 07:04 EDT
Barclays analyst Julian Mitchell raised his price target for Lennox International to $291 from $270 citing the company's "strong" operational execution in Q1. Lennox showed that for replacement-centric businesses, domestic demand remains healthy, Mitchell tells investors in a post-earnings research note. He keeps an Overweight rating on the shares.
News For LII From the Last 2 Days
LII
Apr 25, 2024 | 09:01 EDT
LII
Apr 25, 2024 | 07:35 EDT
Wells Fargo analyst Joseph O'Dea lowered the firm's price target on Lennox to $520 from $545 and keeps an Overweight rating on the shares. A solid Q1 and full year raise still saw Lennox's stock down 2% vs. XLI down 80bps, the firm says. Wells thinks a lighter potential R454B tailwind in 2025 and M&A uncertainty overhang are two reasons. In the firm's view, growth potential remains compelling.
LII
Apr 24, 2024 | 07:10 EDT
Consensus $19.72. Backs FY24 revenue up 7%, consensus $5.12B. Sees FY24 free cash flow $500M-$600M.
