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Jefferies & Company Reiterates Hold Rating, $24 PT on Worthington Industries

Related WOR
Company News For June 27, 2014 - Corporate Summary
Earnings Scheduled For June 26, 2014

In a report published Monday, Jefferies & Company reiterated its Hold rating and $24.00 price target on Worthington Industries (NYSE: WOR).

Jefferies noted, “Information presented at WOR's investor day last week reinforces our favorable view on the company's strategic direction and long term prospects. Our top pick for much of 2012, we downgraded the shares to HOLD last month following its dramatic outperformance against peers, but would be comfortable directing new money into the shares again below $20.”

Worthington Industries closed on Friday at $21.29.

Latest Ratings for WOR

DateFirmActionFromTo
May 2014Credit SuisseUpgradesNeutralOutperform
Apr 2014KeyBancUpgradesHoldBuy
Mar 2014JP MorganMaintainsNeutral

View More Analyst Ratings for WOR
View the Latest Analyst Ratings

Posted-In: Jefferies & CompanyAnalyst Color Reiteration Analyst Ratings

 

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