Lennox International Trading Volume Drops 34.66% to $233 Million Ranking 379th
On May 6, 2025, Lennox International (LII) saw a trading volume of $233 million, marking a 34.66% decrease from the previous day. The stock ranked 379th in terms of trading volume for the day. Lennox International's stock price increased by 0.67%, marking the ninth consecutive day of gains, with a total increase of 11.38% over the past nine days.
JPMorgan Chase & Co. has reduced its price target for Lennox International from $565.00 to $455.00 and assigned an "underweight" rating to the company. This adjustment reflects a more cautious outlook on the stock's potential performance.
Lennox International Inc. has recently surpassed the average analyst 12-month target price of $561.67, indicating a positive market sentiment towards the company's future prospects. This development suggests that investors are optimistic about the stock's potential for growth.
Lennox International is focusing on strategic growth initiatives, aiming for a 4-6% increase in residential units and an expanded market share. The company's joint venture with Samsung and its digital experience initiatives are progressing well, positioning Lennox for continued success in the market.
Oppenheimer has upgraded Lennox International from a "market perform" rating to an "outperform" rating, setting a price objective of $600.00 for the stock. This upgrade reflects a more positive outlook on the company's future performance and potential for growth.