UBS Maintains Neutral on Armstrong World Indus, Raises Price Target to $122
Portfolio Pulse from Benzinga Newsdesk
UBS analyst John Lovallo maintains a Neutral rating on Armstrong World Industries (AWI) and raises the price target from $121 to $122.

May 01, 2024 | 3:43 pm
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UBS analyst John Lovallo maintains a Neutral rating on Armstrong World Industries and raises the price target from $121 to $122.
The increase in price target by UBS suggests a slightly more optimistic outlook on AWI's stock, potentially leading to positive investor sentiment in the short term. However, the maintenance of a Neutral rating indicates that the analyst sees limited upside or downside from the current price level, suggesting a balanced risk-reward scenario.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100