Lennox resumed with a Neutral at UBS

Core Viewpoint - UBS analyst Amit Ahrotra has resumed coverage of Lennox (LII) with a Neutral rating and a price target of $530, reduced from $560, indicating a cautious outlook on the company's near-term performance [1] Group 1: Analyst Insights - Conversations with 20 Multi-Industry companies suggest that Q4 reporting is unlikely to serve as a major catalyst for Lennox, as full-year expectations are already well calibrated [1] - December commentary from the company limits the potential for surprises in the upcoming earnings report, indicating a stable outlook [1] Group 2: Future Guidance - Initial guidance for 2026 may be conservative, suggesting that there could be upside opportunities later on as the year progresses [1]