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Fly News Breaks for June 24, 2019
AWI
Jun 24, 2019 | 09:31 EDT
Deutsche Bank analyst Nishu Sood resumed coverage of Armstrong World with a Buy rating and $107 price target, telling investors that Armstrong's story "has developed as well as we could have expected and then some" since the last note published on Armstrong in late 2017. Previously, Sood had said he thought the company had a compelling growth story developing in its Architectural Specialties business that would be more appreciated as investors got past concerns about the mineral fiber and European businesses.
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