KeyBanc Elevates Worthington Steel Price Target to $47 Following Klöckner Acquisition Announcement
KeyBanc has increased its price target for Worthington Steel Inc to $47 from $41, maintaining an Overweight rating amid the company's plan to acquire Klöckner & Co. The deal, expected to close in the latter half of 2026, positions Worthington Steel as the second largest steel service center in North America, boosting its long-term earnings prospect…