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Fly News Breaks for April 4, 2018
AWI
Apr 4, 2018 | 05:12 EDT
Goldman Sachs analyst Samuel Eisner upgraded Armstrong World Industries to Neutral with an unchanged price target of $56. The analyst believes pricing strength and the company's strategic divestments justify a higher valuation multiple. Armstrong's better than expected pricing and is mitigating cycle risk while the company "rapidly grows" its Architectural Specialties business, Eisner tells investors in a research note.
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