UPDATE: Canaccord Genuity Upgrades Acuity Brands (AYI) to Buy

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Go back to UPDATE: Canaccord Genuity Upgrades Acuity Brands (AYI) to Buy

UBS Boosts PT on Acuity Brands (AYI) to $139; FQ214 Was 'Another Solid Quarter'

April 3, 2014 3:21 PM EDT

UBS raises its price target on Acuity Brands (NYSE: AYI) from $119 up to $139 and affirms its Neutral rating on the stock following FQ214 results issued... More

Acuity Brands (AYI) Misses Q2 EPS by 8c, Comments on Outlook

April 2, 2014 9:20 AM EDT

Acuity Brands (NYSE: AYI) reported Q2 EPS of $0.75, $0.08 worse than the analyst estimate of $0.83. Revenue for the quarter came in at $546.2 million versus the consensus estimate of $553.95 million.

Outlook

Mr. Nagel commented, "Our outlook remains positive. Third-party forecasts and leading indicators suggest that the growth rate for... More