Baird analyst Matthew Krueger initiated coverage of AZZ Inc. with a Neutral rating and $90 price target. While the company’s leadership positions within various metal coatings verticals are attractive, the stock’s 92% rally over the past year already reflects this, the analsyt tells investors in a research note. The firm sees near-term risk of slower than expected growth across AZZ’s interest rate sensitive and cyclical end market base.
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Read More on AZZ:
- AZZ Inc. Secures New Agreement with Metal Coatings Leadership
- AZZ Inc. price target raised to $99 from $89 at B. Riley
- AZZ Inc. Reports Fiscal Year 2025 First Quarter Results
- AZZ Inc. backs FY25 adjusted EPS view of $4.50-$5.00, consensus $4.88
- AZZ Inc. reports Q1 adjusted EPS $1.46, consensus $1.30
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