Lennox International, Inc. (LII) Tops Q1 EPS by 1c; Reaffirms Outlook

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UPDATE: MKM Partners Upgrades Lennox International (LII) to Buy

April 22, 2014 8:03 AM EDT

(Updated - April 22, 2014 11:04 AM EDT)

MKM Partners upgraded Lennox International (NYSE: LII) from Neutral to Buy with a price target of $100.00 (from $97).

Analyst Joshua Pokrzywinski said, "With a pullback in shares, we believe LII sets up much better relative to other industrials where top-line momentum and operating leverage are less certain, but priced in all the same. We expect 1Q to be the low water mark... More