Canaccord upgraded Worthington (WOR) to Buy from Hold with a price target of $67, up from $54. The company believes it is well positioned with “predominant domestic manufacturing in a tariff-riddled environment,” the analyst tells investors in a research note. The firm cites Worthington’s fifth “clean” quarter in March, coupled wit an advantageous manufacturing and sourcing position in the current environment, for the upgrade. It increased the company’s estimates and a target multiple.
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