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Fly News Breaks for October 6, 2016
AYI
Oct 6, 2016 | 08:42 EDT
Baird analyst Timothy Wojs said the weakness in Acuity Brands is a buying opportunity as the risk/reward is now skewed to the upside following its pullback. The analyst noted its quarterly miss was due to temporary manufacturing issues and his long term thesis remains unchanged. Wojs reiterated his Outperform rating and $272 price target on Acuity Brands shares.
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