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Fly News Breaks for January 10, 2018
AYI
Jan 10, 2018 | 07:49 EDT
Canaccord analyst John Quealy said the weakness in Acuity Brands following its earnings release is a buying opportunity. The analyst continues to believe the company is well positioned to benefit from attractive lighting and energy efficiency trends longer-term. He does admit the recent sluggishness could keep the shares range-bound in the very near-term. Quealy reiterated his Buy rating and $195 price target on Acuity Brands shares.
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