Armstrong World (AWI – Research Report), the Industrials sector company, was revisited by a Wall Street analyst yesterday. Analyst Rafe Jadrosich from Bank of America Securities reiterated a Buy rating on the stock and has a $162.00 price target.
Rafe Jadrosich’s rating is based on Armstrong World Industries’ strong performance in the first quarter of 2025, where the company exceeded earnings expectations due to higher than anticipated revenue and operating margins. Despite a challenging macroeconomic environment, Armstrong World has maintained its guidance for 2025, indicating resilience and stability in its operations. The company has shown potential for earnings growth, which is supported by its strategic pricing initiatives and successful integration of acquisitions.
Furthermore, Armstrong World is effectively managing tariff impacts through pricing strategies and supply chain adjustments, which should help maintain its profit margins. The company’s valuation remains attractive, trading only slightly above its long-term average, suggesting room for appreciation. These factors contribute to Jadrosich’s confidence in Armstrong World’s ability to deliver value to shareholders, justifying the Buy rating and the increased price objective of $162.