Acuity Brands Reports Record Quarterly Results
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Piper Jaffray Raises Price Traget on Acuity Brands (AYI) Following F3Q15 Results
July 2, 2015 7:18 AM EDTPiper Jaffray maintains an Overweight rating on Acuity Brands (NYSE: AYI), and raises the price target to $215.00 (from $207.00), following F3Q15 results. AYI reported F3Q sales of $684M and EPS of $1.37. Analyst Mike Ritzenthaler forecasts low teens sales growth and ~200 bps of... More
Oppenheimer Raises Price Target on Acuity Brands (AYI) Following 3Q15 Results
July 2, 2015 6:53 AM EDTOppenheimer reiterates an Outperform rating on Acuity Brands (NYSE: AYI), and raises the price target to $220.00 (from $190.00), following 3Q15 results. AYI adjusted EPS was reported at $1.37 vs. $1.34 consensus.
Analyst Christopher Glynn commented, "AYI's operating leverage remains very robust through the first... More
