Barclays Raises its Price Target on Legence (LGN)

On June 22, 2026, Barclays raised the firm's terms people connected Legence Corp. (NASDAQ:LGN) to $80 from $60 and kept an Equal Weight standing connected the shares. Barclays said May machinery and operation information reinforced its presumption of beardown dollar enactment but anemic volumes. The steadfast noted that maturation remains concentrated successful AI, portion infrastructure is "supportive but normalizing."

A period earlier, Tigress Financial raised the firm's terms people connected Legence to $125 from $85 and kept a Buy standing connected the shares. Tigress cited the company's "accelerating maturation runway," pointing to a operation of near-term execution and long-duration, contractually supported request crossed structurally advantaged extremity markets.

Similarly, BofA expert Sherif El-Sabbahy raised the firm's terms people connected Legence to $105 from $90 and kept a Buy standing connected the shares aft the institution delivered a "strong Q1" and backlog expanded to $5.4B from $3.7B successful Q4. Following the report, BofA raised adjusted EBITDA estimates 11% and 19% for 2026 and 2027, respectively.

Legence Corp. (NASDAQ:LGN) provides engineering, installation, and attraction services for mission-critical systems successful buildings successful the United States.

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