AZZ Inc. (AZZ) PT Raised to $137 at Evercore ISI

Evercore ISI analyst Stephen Richardson raised the price target on AZZ Inc. (NYSE: AZZ) to $137.00 (from $128.00) while maintaining a Outperform rating.

The analyst comments "With books now closed on F4Q26, underlying trends and recent mgmt commentary point toward an in-line print (+8.6% sales y/y, +9.5% EBITDA to ~$78mm). Winter weather did create some disruption from gas curtailments (more pronounced in precoat than galvanizing) but impacts skewed late January, allowing February catch-up. Still, the weather comp remains favorable vs last year’s ~200 lost production days (a ~5% headwind). Along with Precoat tariff pre-buy inventory largely cleared and Metal Coatings demand supported by multi-year IIJA funding, the quarter should provide better visibility on underlying 'run-rate' despite being seasonally light."

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