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AYI

Acuity Brands

$242.99

-12.01 (-4.71%)

07:15
10/06/16
10/06
07:15
10/06/16
07:15

Acuity Brands weakness a buying opportunity, says Canaccord

Canaccord analyst John Quealy said the earnings miss at Acuity Brands was due to a rare operational stumble in a still vibrant market for LED and energy efficiency technologies. As a result, Quealy recommends buying the shares on weakness as the company continues to set the pace for aggressive growth and platform expansion across the marketplace. Quealy reiterated his Buy rating and lowered his price target to $286 form $305 on Acuity Brands shares.

  • 12

    Oct

  • 06

    Jan

AYI Acuity Brands
$242.99

-12.01 (-4.71%)

09/30/16
ROTH
09/30/16
NO CHANGE
Target $275
ROTH
Neutral
Roth Capital cautious on Acuity Brands ahead of earnings after survey
Roth Capital analyst Craig Irwin said he is more cautious on Acuity Brands ahead of the company's earnings report next week after the firm's lighting market survey indicated weaker activity than anticipated. The analyst, who thinks expectations for Acuity are high, keeps his $275 price target and Neutral rating on the stock.
09/30/16
WILL
09/30/16
INITIATION
Target $306
WILL
Buy
Acuity Brands initiated with a Buy at Williams Capital
Williams Capital analyst Cynthia Motz initiated Acuity Brands with a Buy and a $306 price target.
10/05/16
WBLR
10/05/16
NO CHANGE
WBLR
Acuity Brands weakness a buying opportunity, says William Blair
10/05/16
ROTH
10/05/16
NO CHANGE
Target $250
ROTH
Neutral
Acuity Brands price target lowered to $250 from $275 at Roth Capital
Roth Capital analyst Craig Irwin lowered his price target for Acuity Brands to $250 from $275 after the company posted Q4 "disappointing" results, delivering revenue and adjusted EPS below his estimates. The analyst says the company stated revenue was impacted by $25M due to a labor shortage as it took actions to streamline its supply chain, and notes Acuity Brands' commentary for fiscal 2017 remains optimistic. He reiterates a Neutral rating on the shares.

TODAY'S FREE FLY STORIES

UUUU

Energy Fuels

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0.035 (2.08%)

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TROX

Tronox

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0.07 (0.32%)

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UBNK

United Financial

$17.92

-0.03 (-0.17%)

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  • 23

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UBNK

United Financial

$17.92

-0.03 (-0.17%)

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Earnings
United Financial reports Q4 EPS with items 19c, consensus 30c »

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  • 23

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SPY

SPDR S&P 500 ETF Trust

$283.29

0.6 (0.21%)

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S&P 500

17:55
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General news
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17:55
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Conference/Events
Federal Reserve Bank of Chicago President participates in a discussion »

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HESM

Hess Midstream Partners

$21.75

0.45 (2.11%)

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  • 05

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GWB

Great Western

$44.29

0.53 (1.21%)

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Great Western announces financial impact resulting from Tax Cuts and Jobs Act »

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  • 25

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ARAY

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0.05 (0.97%)

, TSS

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UAL

United Continental

$77.97

1.1 (1.43%)

NAVI

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    Jan

UAL

United Continental

$77.97

1.11 (1.44%)

17:25
01/23/18
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Earnings
United Continental sees FY18 EPS $6.50-$8.50, consensus $6.97 »

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  • 23

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Conference/Events
The Chicago Council on Global Affairs to hold a panel discussion »

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MULE

MuleSoft

$25.08

-0.31 (-1.22%)

17:21
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  • 15

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MDB

MongoDB

$28.83

0.02 (0.07%)

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MongoDB initiated  »

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UAL

United Continental

$77.97

1.1 (1.43%)

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Hot Stocks
Breaking Hot Stocks news story on United Continental »

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  • 23

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UAL

United Continental

$77.97

1.1 (1.43%)

17:18
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Hot Stocks
Breaking Hot Stocks news story on United Continental »

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  • 23

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APTI

Apptio

$24.39

0.02 (0.08%)

17:17
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Initiation
Apptio initiated  »

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  • 05

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VMW

VMware

$137.96

1.27 (0.93%)

17:16
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Initiation
VMware initiated  »

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UAL

United Continental

$77.97

1.1 (1.43%)

17:13
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17:13
Hot Stocks
United: Strategic initiatives expected to moderate impact of high PRASM growth »

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  • 23

    Jan

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MSFT

Microsoft

$91.90

0.29 (0.32%)

17:13
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Initiation
Microsoft initiated  »

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  • 31

    Jan

  • 07

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GDS

GDS Holdings

$26.75

-0.22 (-0.82%)

17:13
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Syndicate
GDS Holdings files to sell 8M American Depositary Shares »

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ORCL

Oracle

$51.12

0.41 (0.81%)

17:12
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Initiation
Oracle initiated  »

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RHT

Red Hat

$128.15

0.14 (0.11%)

17:10
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Initiation
Red Hat initiated  »

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  • 23

    Jan

  • 06

    Feb

BA

Boeing

$335.59

-2.41 (-0.71%)

17:10
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Boeing awarded $150M U.S. Air Force contract »

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  • 31

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