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Armstrong World price target lowered to $87 from $90 at BofA
The Fly

Armstrong World price target lowered to $87 from $90 at BofA

BofA lowered the firm’s price target on Armstrong World to $87 from $90 and keeps a Buy rating on the shares. The firm lowered its 2023 and 2024 estimates by 1% and 2%, respectively, to reflect a more cautious outlook on commercial construction activity in 2023 and 2024, the analyst tells investors.

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