Hudson Securities Raises AZZ PT To $53

Hudson Securities has issued a report raising the Price Target on AZZ Inc.

from $47 to $53 a share. According to the report, “Electrical and Industrial delivered its healthiest quarter in orders since the third quarter of FY2009. If this is a trend and not a blip, it should start paving the way to recovery in segment margins.” AZZ is Buy rated and closed yesterday at $46.79 a share.