Lennox (LII) Tops Q4 EPS by 15c, Beats on Revenue; Offers FY24 EPS Guidance

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JPMorgan Downgrades Lennox International (LII) to Underweight 'On Cycle Concerns'

February 1, 2024 5:43 AM EST

JPMorgan analyst Stephen Tusa downgraded Lennox International (NYSE: LII) from Neutral to Underweight with a price target of $330.00 (from $370.00).

The analyst comments "We commend LIIs CEO for strong execution on commercial margins in the recent recovery period, but we are downgrading Lennox to UW... More