Truist Securities Maintains Buy on Albany Intl, Lowers Price Target to $91
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Albany International (NYSE:AIN) but has lowered the price target from $101 to $91.
October 03, 2024 | 6:01 pm
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Truist Securities has maintained a Buy rating on Albany International but has lowered the price target from $101 to $91, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Albany Intl's prospects, but the lowered price target indicates a more cautious outlook, possibly due to market conditions or company performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100