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Armstrong World Industries Inc (AWI) [hlAlert]

Hold AWI
up 16.06 %

Armstrong World Industries Inc (AWI) downgraded to Hold by KeyBanc Capital Mkts

Posted on: Friday,  Mar 16, 2012  8:25 AM ET by KeyBanc Capital Mkts

KeyBanc Capital Mkts rated Hold Armstrong World Industries Inc (NYSE: AWI) on 03/16/2012. Previously KeyBanc Capital Mkts rated Buy Armstrong World Industries Inc (NYSE:
AWI) on 04/06/2011., when the stock price was $48.04. Since then, Armstrong World Industries Inc has gained 16.07% as of 03/16/2012's recent price of $55.76.
If you would have followed the previous KeyBanc Capital Mkts's recommendation on AWI, you would have gained 16.06% of your investment in 345 days.

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.

KeyBanc Capital Mkts is one of the nation's largest bank-based financial services companies, with assets of approximately $89 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through branches and offices.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/16/2012 8:25 AM Hold
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD up  27.10 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/6/2011 8:25 AM Buy
48.04 55.00

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