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Fly News Breaks for November 27, 2018
AMWD
Nov 27, 2018 | 08:02 EDT
Baird analyst Timothy Wojs remains a buyer of American Woodmark as he believes the risk/reward remains attractive. He reduced his estimates to account for slower new construction growth but believes the company is well positioned to continue to gain market share and generate low-to-mid-teens equity returns over the next few years. Wojs reiterated his Outperform rating and lowered his price target to $96 from $104 on American Woodmark shares.
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