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Deutsche Bank Downgrades Lennox International Inc. Stock to Hold

2 reports, 1 independent Updated Sep 20
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AI-generated briefing. Brind wrote this from the reports listed below and has updated it as the story developed. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Deutsche Bank downgraded Lennox International Inc. stock to Hold on September 20, 2026. The downgrade followed reports that Lennox International Inc. cut its full-year earnings per share guidance to between $23 and $24. The company noted that the decline in Home Comfort unit shipments and segment revenue pushed its recovery period from late 2026 to 2027.

From insidermonkey.com

Why it matters

Some supportBrind's analysis of the reports

The downgrade reflects challenges in Lennox International Inc.'s residential market, where segment revenue declined 7% and unit shipments dropped 12%. While the commercial segment saw 24% growth, the overall decline is attributed to consumer deferral of full system replacements rather than housing velocity.

From insidermonkey.com

Who's involved

  • Deutsche BankIssued the stock downgrade and maintained a price target of $444

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1 more outlet ran the same wire story