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Fly News Breaks for August 1, 2018
AWI
Aug 1, 2018 | 08:17 EDT
SunTrust analyst Keith Hughes raised his price target on Armstrong World to $78 and kept his Buy rating after its "solid" earnings and revenues" in Q2. The analyst cites organic growth in Specialty, volume and pricing in the core mineral fiber and continued growth in margins despite the rising input costs, adding that investors' sentiment on the stock has also improved after concerns about rising competition did not materialize.
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