UBS Maintains Sell on Armstrong World Indus, Raises Price Target to $75
Portfolio Pulse from jenniferd'souza@benzinga.com
UBS analyst John Lovallo maintains a 'Sell' rating on Armstrong World Indus (NYSE:AWI) and raises the price target from $69 to $75.
July 26, 2023 | 10:22 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
UBS analyst maintains a 'Sell' rating on Armstrong World Indus (NYSE:AWI) but raises the price target from $69 to $75.
The 'Sell' rating maintained by UBS suggests that the analyst believes the stock's price will decline in the short term. However, the increase in the price target from $69 to $75 indicates that the analyst sees some potential for the stock's price to rise in the long term. This mixed signal could lead to volatility in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100