Truist Securities Maintains Buy on Albany Intl, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Albany International (NYSE:AIN) but has lowered the price target from $91 to $85.
November 01, 2024 | 2:21 pm
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Truist Securities has maintained a Buy rating on Albany International but has lowered the price target from $91 to $85, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in Albany Intl's performance, but the lowered price target indicates a tempered outlook. This could lead to neutral short-term price movement as the market digests the mixed signals.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100