Acuity Brands Reports Fiscal 2021 Fourth-Quarter and Full-Year Results

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Acuity Brands (AYI) PT Raised to $223 at Cowen

October 7, 2021 8:27 AM EDT

Cowen analyst Jeffrey Osborne raised the price target on Acuity Brands (NYSE: AYI) to $223.00 (from $184.00) while maintaining an Outperform rating following earnings.

The analyst commented, "Acuity reported solid results successfully navigating challenges ranging from inflation semi shortages and logistical constraints. 2022 revenue outlook exceeded... More