Baird lowered the firm’s price target on Albany International (AIN) to $79 from $92 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results and said investors should be patient as AEC catalysts will emerge in the second half of 2025.
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Read More on AIN:
- Albany International Corp. Reports Q1 2025 Earnings Decline
- Albany International’s Financial Underperformance and Demand Challenges Justify Sell Rating
- Albany International reports Q1 adjusted EPS 73c, consensus 62c
- Albany International backs FY25 EPS $3.00-$3.40, consensus $3.21
- Albany International Secures Contract with Bell Textron