As previously reported, Roth Capital analyst Craig Irwin downgraded Acuity Brands to Sell from Neutral saying he is cautious on the shares with higher visibility for tariffs on Mexican imports after White House Press Secretary Sean Spicer suggested President Trump could pursue tariffs as high as 20%. The analyst sees "significant risks" for Acuity with six of its 20 manufacturing facilities in Mexico currently producing 70% of the company's products, and expects increased near-term volatility. He also lowered his price target on the shares to $150 from $200.