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Fly News Breaks for December 4, 2017
AMWD
Dec 4, 2017 | 08:22 EDT
Baird analyst Timothy Wojs raised his price target on American Woodmark to $142 from $108 after the company announced an agreement to purchase RSI, which is complementary to the company's existing home center business. The analyst believes this offers a significant cross-sales opportunity with its service infrastructure and offers a multi-year earnings growth runway. Wojs reiterated his Outperform rating on American Woodmark shares.
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