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Fly News Breaks for March 17, 2016
AYI
Mar 17, 2016 | 08:04 EDT
Baird recommends buyers of Acuity Brands to be aggressive on any pullbacks, as lighting market growth showed moderation but was still healthy. The firm said respondents to their channel checks gave positive anecdotal comments and indicated Q1 trended above their expectations. Baird reiterated its Outperform rating and $248 price target on Acuity Brands shares.
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