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Enter Symbol:
Rating: AWI
Underweight $45
down 16.00 %

Armstrong World Industries Inc (NYSE: AWI) downgraded to Underweight with price target $45 by Barclays

Wednesday,  Jan 20, 2016  2:25 PM ET by Betsy O'Brien Harrison

Barclays downgraded Armstrong World Industries Inc (NYSE: AWI) to Underweight with price target $45. Previously Barclays downgraded to Armstrong World Industries Inc (NYSE: AWI) to Equal Weight
with price target $50 on 10/28/2014, when the stock price was $44.64. Since then, Armstrong World Industries Inc's stock price has lost 16% as of 01/20/2016's recent price of $37.28.
If you would have followed the previous Barclays's recommendation on AWI, you would have lost 16% of your investment in 449 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.


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