TD Cowen Maintains Buy on Albany Intl, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Gautam Khanna maintains a Buy rating on Albany Intl (NYSE:AIN) but lowers the price target from $106 to $95.

May 01, 2024 | 5:38 pm
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NEUTRAL IMPACT
TD Cowen maintains a Buy rating on Albany Intl but lowers the price target from $106 to $95.
The adjustment in price target by TD Cowen reflects a recalibration of expectations for Albany Intl's stock, potentially due to market conditions or company performance insights. While the reduction in price target could suggest a tempered outlook, the maintenance of a Buy rating indicates continued confidence in the company's fundamentals. This mixed signal might lead to short-term uncertainty among investors, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100