Acuity Brands (AYI) Tops Q4 EPS by 34c

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Go back to Acuity Brands (AYI) Tops Q4 EPS by 34c

Acuity Brands (AYI) PT Lowered to $208 at Cowen

October 4, 2022 4:57 PM EDT

Cowen analyst Jeffrey Osborne lowered the price target on Acuity Brands (NYSE: AYI) to $208.00 (from $225.00) while maintaining an Outperform rating following results.

The analyst commented, "Demand remained strong, resulting in revenue growth of ~12% y/y during F4Q22, but component costs... More