Oppenheimer Raises Target on Acuity Brands (AYI)
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Price: $360.40 +0.55%
Rating Summary:
12 Buy, 16 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
Rating Summary:
12 Buy, 16 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
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Oppenheimer raised its price target on Acuity Brands (NYSE: AYI) from $52 to $64 but kept its Perform rating.
The raised price target reflects "prospects for an improving nonresidential construction cycle and improving operating leverage to complement secular tailwinds around energy efficiency lighting and LED adoption."
For an analyst ratings summary and ratings history on Acuity Brands click here. For more ratings news on Acuity Brands click here.
Shares of Acuity Brands closed at $63.68 yesterday.
The raised price target reflects "prospects for an improving nonresidential construction cycle and improving operating leverage to complement secular tailwinds around energy efficiency lighting and LED adoption."
For an analyst ratings summary and ratings history on Acuity Brands click here. For more ratings news on Acuity Brands click here.
Shares of Acuity Brands closed at $63.68 yesterday.
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