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Stock Market & Financial Investment News

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November 27, 2013
07:57 EDTAMWDAmerican Woodmark Q2 shortfall due to raw material inflation, says RW Baird
Baird said American Woodmark missed Q2 earnings estimates due to raw materials inflation. The firm believes the raw material headwinds should ease, pricing trends are showing improvement, and the stronger housing backdrop supports continued solid sales growth comparisons. Shares are Outperform rated with a $42 price target.
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