B. Riley Securities Initiates Coverage On AZZ with Buy Rating, Announces Price Target of $64
Portfolio Pulse from richadhand@benzinga.com
B. Riley Securities has initiated coverage on AZZ (NYSE:AZZ) with a Buy rating and a price target of $64.
August 30, 2023 | 9:52 am
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B. Riley Securities has initiated coverage on AZZ with a Buy rating and a price target of $64. This could potentially increase investor confidence and drive the stock price up in the short term.
Analyst ratings often influence investor sentiment and can impact a stock's price. A Buy rating suggests that the analyst believes the stock will outperform the market, which could lead to increased investor interest and a potential rise in the stock's price. The price target of $64 also indicates the analyst's confidence in the stock's potential upside.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100