Truist analyst Keith Hughes raised the firm’s price target on Armstrong World (AWI) to $162 from $148 and keeps a Buy rating on the shares after its Q3 earnings beat. The company continues to weather a choppy non-residential market with limited volume pressure, and saw EBITDA growth from Mineral Fiber pricing and surprisingly strong organic sales in the Architectural Specialties segment, the analyst tells investors in a research note.
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Read More on AWI:
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