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AZZ Inc. met earnings forecasts, yet its stock dropped; Jefferies upgraded it to a "buy."
AZZ Inc., a company that provides metal finishing solutions, issued FY 2025 earnings guidance with an EPS of $5.00 to $5.30 and revenue of $1.6 billion, aligning with analyst estimates.
Despite beating Q3 earnings estimates, AZZ's stock price fell by $0.23 to $84.87 on the day of the announcement.
Jefferies upgraded AZZ's stock with a "buy" rating and increased its price target to $110.00.
3 months ago
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