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Fly News Breaks for January 10, 2017
AYI
Jan 10, 2017 | 08:24 EDT
As previously reported, CLSA upgraded Acuity Brands to Buy from Outperform and lowered its price target to $250 from $270. Analyst Jeremie Capron said the Q1 miss was due to weakness in small projects and lingering production inefficiencies, but expects this setback to prove temporary and would use the weakness as a buying opportunity.
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