The downgrade of AZZ by Noble Capital Markets to Market Perform suggests a neutral outlook on the stock's short-term price movement. The setting of a $75 price target indicates a specific valuation expectation. While downgrades can lead to negative investor sentiment, the establishment of a price target can provide a goal for the stock's performance. The impact is considered neutral due to the mixed signals: a downgrade suggests caution, but the presence of a price target suggests some underlying value.