Jefferies raises AZZ price target on strong domestic growth momentum

AZZ

11/07/2025 11:34

** Jefferies raises metal coating company AZZ's AZZ.N price target to $129 from $99, an upside of 21.5% to the stock's last close

** Reiterates "buy" rating

** Says co's new infrastructure initiatives are expected to sustain strong demand

** Adds new energy projects continue to support growth, and tariff concerns are accelerating the shift back to domestic production in the U.S.

** Also raises 2026 EPS forecast to $6.05 from $5.85

** Six of 8 brokerages rate the stock "buy" or higher, four "hold"; their median PT is $110.35 - data compiled by LSEG

** Stock is up 29.8% YTD

 (Reporting by Apratim Sarkar)

 ((Apratim.Sarkar@thomsonreuters.com))