Truist Securities Maintains Buy on Albany Intl, Lowers Price Target to $101
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Ciarmoli maintains a Buy rating on Albany International (NYSE:AIN) but lowers the price target from $104 to $101.

July 17, 2024 | 12:12 pm
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NEUTRAL IMPACT
Truist Securities analyst Michael Ciarmoli maintains a Buy rating on Albany International but lowers the price target from $104 to $101.
The maintained Buy rating suggests continued confidence in Albany International's performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100