BofA raised the firm’s price target on Armstrong World (AWI) to $162 from $160 and keeps a Buy rating on the shares. Following a Q1 beat and the company holding guidance, the firm views Armstrong as relatively well positioned in a challenging macro environment and notes the stock is “only trading at a slight premium to its long-term average with potential earnings upside.”
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Read More on AWI:
- Armstrong World price target lowered to $158 from $163 at Loop Capital
- Strong Q1 Performance and Strategic Initiatives Justify Buy Rating for Armstrong World Industries
- Armstrong World Industries Reports Strong Q1 2025 Results
- Armstrong World Industries Reports Robust Q1 Earnings
- Armstrong World Reports Record Q1 2025 Financial Results
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