Canaccord analyst Brian McNamara lowered the firm’s price target on Worthington (WOR) to $69 from $73 and keeps a Buy rating on the shares. The firm said they reported solid top line results in its eighth “clean” reporting quarter after separating its steel business. However, the company missed on margins, predominantly driven by one-time items.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WOR:
