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Fly News Breaks for October 3, 2019
AYI
Oct 3, 2019 | 08:00 EDT
Oppenheimer analyst Christopher Glynn lowered his price target for Acuity Brands to $140 from $150 saying that weak Q4 sales, down 12%, caught "markets off-guard," with anticipated company-specific comparisons compounded by softer markets. The analyst has an Outperform rating on the shares.
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