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Northland Securities Starts Acuity Brands (AYI) at Market Perform

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UPDATE: UBS Starts Acuity Brands (AYI) at Buy

March 5, 2013 6:34 AM EST

(Updated - March 5, 2013 10:45 AM EST)

UBS initiates coverage on Acuity Brands (NYSE: AYI) with a Buy. PT $76.00.

The firm comments, "We believe AYI is uniquely positioned as a largely NA non-res construction pure-play with above avg. exposure to commercial & industrial,... More