Investor’s Business Daily
This Industry Group Is Already Up 50% In 2023 And One Stock Was Upgraded On Q3 Earnings Potential
Lennox International earned a pre-earnings upgrade Monday as analysts project next week’s third-quarter report will heat up the HVAC products provider. Mizuho upgraded Lennox stock to a buy rating from neutral on Q3 earnings expectations and scaled up its price target to 460, up from 340. The research firm sees earnings potential “too pronounced to ignore” with strong internal momentum and execution for the Texas-based provider of climate control products for the heating, ventilation, air conditioning and refrigeration markets.