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Credit Suisse Raises Price Target On Lennox International On Multiple Positive Factors

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In a report published Tuesday, Credit Suisse analyst Julian Mitchell reiterated a Neutral rating on Lennox International Inc. (NYSE: LII), and raised the price target from $96.00 to $98.00.

In the report, Credit Suisse noted, “Following Q4 earnings, we raise our EPS estimates slightly on LII and raise our TP to $98 (from $96). The Q4 earnings underlined the strong market share gains as well as operational execution; LII is one of the few EE/MI companies to not lower guidance during this reporting season. Nevertheless, the stock is priced for perfection (it is the only non-A&D exposed name we cover that has not de-rated in the LTM), and we therefore stay Neutral.”

Lennox International closed on Monday at $100.36.

Latest Ratings for LII

DateFirmActionFromTo
Oct 2019MaintainsUnderweight
Oct 2019MaintainsUnderweight
Oct 2019MaintainsNeutral

View More Analyst Ratings for LII
View the Latest Analyst Ratings

Posted-In: Credit Suisse Julian MitchellAnalyst Color Price Target Analyst Ratings

 

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