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Armstrong World Industries Inc (NYSE: AWI) upgraded to Buy by BB&T Capital Mkts

Wednesday,  Jan 27, 2016  12:25 PM ET by Lynn Gilbert

BB&T Capital Mkts upgraded Armstrong World Industries Inc (NYSE: AWI) to Buy. Previously, BB&T Capital Mkts rated Armstrong
World Industries Inc (NYSE: AWI) to Hold on 10/25/2011, when the stock price was valued at $43.65. Since then, Armstrong World Industries Inc's stock price has lost 12% as of 01/27/2016's recent price of $38.53.

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.

BB&T Capital Markets is dedicated to delivering world-class corporate banking, investment banking, and capital markets solutions to commercial clients, corporate clients, and government entities. Our customer focus and team approach, combined with the fast-growing strength and national recognition of BB&T, equip us to build lasting relationships and contribute significantly to the long-term success of each client.

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