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Armstrong World price target lowered to $158 from $163 at Loop Capital

Loop Capital lowered the firm’s price target on Armstrong World (AWI) to $158 from $163 and keeps a Hold rating on the shares. The company reported an “encouraging” Q1 as its performance in a challenging environment continues to be impressive, and the firm expects the shares to continue to outperform in the near term, though it is also concerned regarding the lack of visibility on discretionary demand and that back-half new construction weakness could be a headwind to earnings in 2026, the analyst tells investors in a research note.

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