American Woodmark price target raised to $84 from $79 at Loop Capital

Loop Capital raised the firm’s price target on American Woodmark to $84 from $79 and keeps a Hold rating on the shares. The company’s Q1 results were “solid” and its EBITDA margin was strong as it benefited from positive price/cost dynamic, supply chain improvements, and better operating performance, the analyst tells investors in a research note. These factors also more than offset lower sales due to well expected decline across end markets and the continued labor and transportation headwinds, the firm added.