Tigress Financial raises Legence stock price target on AI growth
Tigress Financial raised its price target for Legence Corp (NASDAQ:LGN) to $130, citing AI growth, record backlog, and earnings acceleration. The stock trades at $64.91, below its fair value of $67.14. Legence reported 69% revenue growth over the past year and a 111% increase in Q2 2026, but missed earnings expectations with a loss of $0.37 per share. BTIG lowered its target to $100 due to margin concerns.
