AZZ Inc. price target raised to $120 from $108 at Roth Capital

Roth Capital raised the firm’s price target on AZZ Inc. (AZZ) to $120 from $108 and keeps a Buy rating on the shares. The company’s Q1 earnings beat highlighted its continued operational performance as margins on both segments outperformed estimates, the analyst tells investors in a research note. AZZ’s end markets remain strong driven, by infrastructure demand and beverage performance, Roth added.