AZZ Inc. price target raised to $140 from $131 at B. Riley

B. Riley analyst Nick Giles raised the firm’s price target on AZZ Inc. (AZZ) to $140 from $131 and keeps a Buy rating on the shares. The firm upped the company’s estimates to better reflect its earnings outlook and acquisition pipeline. AZZ will create value by strong earnings growth, a resumption of acquisition activity, and increased shareholder returns, the analyst tells investors in a research note.