Morgan Stanley Maintains Lennox International Underweight Recommendation with $653.52 Price Target

Morgan Stanley maintains Lennox International (LII) with a Underweight recommendation. The average one-year price target is $653.52/share, representing a 32.54% increase from its latest closing price of $493.07/share. The projected annual revenue is 4,943MM, a decrease of 7.53%, and the projected annual non-GAAP EPS is 17.70. Institutions own 32,774K shares, with a put/call ratio of 2.93 indicating a bearish outlook.