Lennox Int'l (LII) Misses Q1 EPS by 9c

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Nomura Securities Downgrades Lennox International (LII) to Neutral

April 21, 2015 6:33 AM EDT

Nomura Securities downgraded Lennox International (NYSE: LII) from Buy to Neutral with a price target of $110 on valuation. On the quarter, analyst Jonathan Wright said earnings drivers are intact despite weak Q1.

Wright commented, "We are also downgrading LII to Neutral. While the drivers... More