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Fly News Breaks for April 4, 2019
AYI
Apr 4, 2019 | 07:33 EDT
JMP Securities analyst Joseph Osha raised his price target on Acuity Brands to $184 from $176 following the company's Q2 report, stating that the results point to good execution and market share gains. While stating that "Acuity will likely never again see the profit margins or the growth that it enjoyed until 2017," Osha thinks it will take market share and grow profitably while many competitors struggle. He keeps an Outperform rating on Acuity shares.
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