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Armstrong World price target raised to $195 from $175 at Truist

Truist raised the firm’s price target on Armstrong World (AWI) to $195 from $175 and keeps a Buy rating on the shares after its Q2 earnings beat. The firm is positive on the company’s strong organic results in the Architectural Specialties segment sales and continued Average Unit Value gains in Mineral Fiber, the analyst tells investors in a research note.

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