American Woodmark (AMWD) PT Lowered to $95 at Jefferies

Jefferies analyst Collin Verron lowered the price target on American Woodmark (NASDAQ: AMWD) to $95.00 (from $103.00) while maintaining a Buy rating.

The analyst commented, "AMWD is reporting F1Q22 earnings tomorrow before the market opens, and we see risk that EBITDA could come in below sell-side estimates driven by accelerating raw material inflation. We are cutting our estimates accordingly. While the stock has pulled back since it reported F4Q earnings (-13%), we believe the stock could still face pressures on the print."

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