Acuity Brands (AYI) Declares $0.13 Quarterly Dividend; 0.2% Yield
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Oppenheimer Cuts Price Target on Acuity Brands (AYI) Following 1Q EPS Miss
January 10, 2017 9:39 AM ESTOppenheimer maintained an Outperform rating on Acuity Brands (NYSE: AYI), and cut the price target to $265.00 (from $295.00), following the company's 1Q earnings report. AYI reported adjusted EPS of $2.00 missing the consensus estimate of $2.15.
Analyst Christopher Glynn commented, "AYI's revenue miss reflected a... More
