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Fly News Breaks for April 23, 2019
LII
Apr 23, 2019 | 08:40 EDT
Vertical Research analyst Jeffrey Sprague downgraded Lennox to Sell from Hold, stating that he sees the valuation as "stretched" and believes consolidation looks unlikely in the near-term.
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.
