Acuity Brands (AYI) Tops Q2 EPS by 20c

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Acuity Brands (AYI) PT Raised to $250 at Cowen

April 6, 2022 8:47 AM EDT

Cowen analyst Jeffrey Osborne raised the price target on Acuity Brands (NYSE: AYI) to $250.00 (from $244.00) while maintaining an Outperform rating.

The analyst commented, "Acuity continued to outpace expectations despite a difficult macro environment. Productivity initiatives within the quarter seemingly enabled Acuity to keep... More