Interface (IFSIA +12%) surges after Raymond James raises its rating on the maker of floor...

|About: Interface Inc. (TILE)|By:, SA News Editor

Interface (IFSIA +12%) surges after Raymond James raises its rating on the maker of floor coverings to Outperform from Market Perform a day after in-line Q1 results, noting Y/Y orders were better than sales for the first time in 18 months, a potential inflection point in demand. The CEO said business picked up in late February and momentum has continued to build in March.