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Fly News Breaks for August 23, 2017
AMWD
Aug 23, 2017 | 08:15 EDT
Baird analyst Timothy Wojs said the weakness in American Woodmark following its lower than expected Q1 earnings is a buying opportunity. The analyst noted management reiterated its full year guidance, so he views yesterday's pullback as excessive. He said his core thesis around continued market share gains, capital deployment optionality, and discounted valuation remains intact. Wojs reiterated his Outperform rating and $102 price target on American Woodmark shares.
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