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Armstrong World (AWI) Receives a Buy from Bank of America Securities

Tipranks - Tipranks - Thu Feb 26, 9:24AM CST

In a report released today, Rafe Jadrosich from Bank of America Securities reiterated a Buy rating on Armstrong World, with a price target of $216.00.

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According to TipRanks, Jadrosich is a 5-star analyst with an average return of 10.0% and a 57.22% success rate. Jadrosich covers the Consumer Cyclical sector, focusing on stocks such as PulteGroup, Somnigroup International, and Toll Brothers.

In addition to Bank of America Securities, Armstrong World also received a Buy from TipRanks – OpenAI’s OpenAI Construction in a report issued today. However, on the same day, Evercore ISI maintained a Hold rating on Armstrong World (NYSE: AWI).

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Based on Armstrong World’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $388.3 million and a net profit of $65.5 million. In comparison, last year the company earned a revenue of $367.7 million and had a net profit of $62.2 million

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