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Fly News Breaks for November 30, 2015
AYI
Nov 30, 2015 | 08:29 EDT
Canaccord increased its price target on Acuity as the firm thinks that the company is poised to make a transition towards a tiered solutions strategy which should accelerate its top line growth and provide meaningful gross and operating leverage. The firm expects the company's earnings and share price to be boosted by favorable new construction trends. It keeps a Buy rating on the shares.
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