JP Morgan Maintains Neutral on Albany Intl, Lowers Price Target to $96
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Stephen Tusa maintains a Neutral rating on Albany Intl (NYSE:AIN) and lowers the price target from $98 to $96.

May 03, 2024 | 7:13 pm
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NEUTRAL IMPACT
JP Morgan analyst Stephen Tusa maintains a Neutral rating on Albany Intl and lowers the price target from $98 to $96.
The adjustment in price target by a notable analyst like Stephen Tusa, while maintaining a Neutral rating, suggests a minor adjustment in valuation expectations without a significant change in the company's outlook. This is likely to have a neutral short-term impact on AIN's stock price, as the market absorbs the slight adjustment in expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100