BUZZ-Barclays cuts Lennox's PT, cites HVAC market weakness
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Barclays has reduced Lennox International's price target from $700 to $680, citing weakness in the residential HVAC market. Despite Lennox's strong pricing power, concerns about handling future demand surges and the impact of a recent acquisition on 2026 returns are noted. Currently, six brokerages rate the stock as "buy" or higher, with a median price target of $555. Lennox shares have declined 15.4% year-to-date.
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