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Armstrong World Industries Inc (AWI) [hlAlert]

Rating:
Hold AWI
up 38.82 %

Armstrong World Industries Inc (AWI) downgraded to Hold by Stifel Nicolaus

Posted on: Wednesday,  Mar 21, 2012  8:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Hold Armstrong World Industries Inc (NYSE: AWI) on 03/21/2012. Previously Stifel Nicolaus rated Buy Armstrong World Industries Inc (NYSE: AWI)
on 12/14/2010., when the stock price was $40.64. Since then, Armstrong World Industries Inc has gained 38.83% as of 03/21/2012's recent price of $56.42.
If you would have followed the previous Stifel Nicolaus's recommendation on AWI, you would have gained 38.82% of your investment in 463 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.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/21/2012 8:25 AM Hold
None
56.42
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD up  28.60 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/14/2010 9:25 AM Buy
None
40.64 49.00

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