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Baird Downgrades Genlyte (GLYT) to Neutral

November 27, 2007 7:19 AM EST
GLYT Hot Sheet
Rating Summary:
    0 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 19 | Down: 16 | New: 82
Baird downgrades Genlyte (Nasdaq: GLYT) from Outperform to Neutral. Price target $95. The firm says another bid for the company is unlikely.

The Genlyte Group Incorporated (Genlyte) designs, manufactures, markets and sells lighting fixtures, controls and related products for a variety of applications in the commercial, residential and industrial markets in North America. T

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