TD Cowen Maintains Buy on Albany Intl, Lowers Price Target to $81
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 $95 to $81.
October 04, 2024 | 4:15 pm
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NEUTRAL IMPACT
TD Cowen has maintained a Buy rating on Albany Intl but reduced the price target from $95 to $81, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Albany Intl's prospects, but the lowered price target reflects 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