Deutsche Bank analyst Joe Ahlersmeyer raised the firm’s price target on Armstrong World to $78 from $77 and keeps a Hold rating on the shares. The company’s Q1 volumes beat on inventory build, the analyst tells investors in a research note.
Published first on TheFly
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Read More on AWI:
- Armstrong World Industries Reports First-Quarter 2023 Results
- Armstrong World sees FY23 adjusted EPS $4.80-$5.05, consensus $4.83
- Armstrong World reports Q1 adjusted EPS $1.12, consensus $1.09
- Armstrong World Industries Announces Quarterly Dividend
- Armstrong World price target lowered to $87 from $90 at BofA
