Oppenheimer Raises Target on Acuity Brands (AYI)
Get Alerts AYI Hot Sheet
Price: $246.86 -0.75%
Rating Summary:
10 Buy, 17 Hold, 1 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 17 | Down: 14 | New: 17
Rating Summary:
10 Buy, 17 Hold, 1 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 17 | Down: 14 | New: 17
Join SI Premium – FREE
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.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Rentokil Initial (RTO) PT Lowered to $35 at Oppenheimer
- Hertz Global (HTZ) PT Lowered to $6 at Deutsche Bank
- HSBC Upgrades Topdanmark (TOP:DC) (TPDKY) to Hold
Create E-mail Alert Related Categories
Analyst Comments, Analyst PT ChangeSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!