Lennox price target lowered to $696 from $702 at Barclays

Barclays lowered the firm’s price target on Lennox (LII) to $696 from $702 and keeps an Overweight rating on the shares following the earnings report. The firm continues to favor early-cycle exposure within the multi-industry sector, and it says Lennox is one of the purest ways of playing that theme, alongside having outsized pricing power.