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Armstrong World Industries Inc (AWI) [hlAlert]

Neutral AWI

Armstrong World Industries Inc (AWI) downgraded to Neutral by Sun Trust Rbsn Humphrey

Posted on: Tuesday,  Sep 30, 2008  8:25 AM ET by Sun Trust Rbsn Humphrey

Sun Trust Rbsn Humphrey rated Neutral Armstrong World Industries Inc (NYSE: AWI) on 09/30/2008. Previously Sun Trust Rbsn Humphrey rated
Buy Armstrong World Industries Inc (NYSE: AWI) on 01/09/2008., when the stock price was $37.07. Since then, Armstrong World Industries Inc has lost 18.96% of its value until Sun Trust Rbsn Humphrey rated AWI Buy on 09/30/2008, when the price was $30.04. .

Armstrong World Industries, Inc. (AWI) is a global producer of flooring products and ceiling systems for use primarily in the construction and renovation of commercial, institutional and residential buildings. Through its United States operations and United States and international subsidiaries, AWI designs, manufactures and sells flooring products (primarily resilient and wood flooring) and ceiling systems (primarily mineral fiber, fiberglass and metal) around the world. The Company also designs, manufactures and sells kitchen and bathroom cabinets in the United States. The Company operates in four business segments: Resilient Flooring, Wood Flooring, Building Products and Cabinets. On February 18, 2008, AWI acquired the assets of Bowmans Australia Pty Ltd.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/28/2009 8:25 AM Buy
30.73 40.00
as of 12/24/2008
1 Week up  26.28 %
1 Month up  74.18 %
3 Months up  27.60 %
1 YTD down  -25.82 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/30/2008 8:25 AM Hold
1/9/2008 8:25 AM Buy

(*) Stock Price at the time of the recommendation.
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