Auriga Maintains a 'Hold' on Worthington Industries (WOR); Bumping PT on Modest Q3 Beat

Auriga maintains a 'Hold' on Worthington Industries (NYSE: WOR) price target raied from $17 to $19.

Auriga analyst said, "We are maintaining our fiscal 2012 and 2013 EPS estimates and initiating a fiscal 2014 EPS estimate of $2.20. We are increasing our price target to $19 to incorporate a calendar 2013 EPS estimate versus utilizing a calendar 2012 estimate previously. The overall tone of the conference call was constructive; however we prefer to be more opportunistic buyers of the name. Based on our price target the shares offer limited upside from current levels."

For an analyst ratings summary and ratings history on Worthington Industries click here. For more ratings news on Worthington Industries click here.

Shares of Worthington Industries closed at $18.81 yesterday.

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