
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