Jefferies Maintains Hold on Armstrong World Indus, Raises Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Philip Ng maintains a 'Hold' rating on Armstrong World Industries (NYSE:AWI) and raises the price target from $69 to $73.

July 13, 2023 | 3:08 pm
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Jefferies analyst maintains a 'Hold' rating on Armstrong World Industries and raises the price target from $69 to $73.
The news is directly about Armstrong World Industries (AWI). The 'Hold' rating suggests that the analyst believes the stock will perform approximately in line with the market in the near future. The increase in price target from $69 to $73 indicates a positive outlook, but as it's not a rating upgrade, the impact on the stock price in the short term is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100