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Acuity Brands (AYI) Shows Strong Share Price Performance; Oppenheimer Raises Price Target to $265

December 1, 2015 7:26 AM UTC

Oppenheimer reiterated an Outperform rating on Acuity Brands (NYSE: AYI), and raised the price target to $265.00 (from $240.00), following recent strong share price performance. Granular IB conversion draws from the mainstreaming appeal of LED features and increasingly stringent codes for controls driving mass appeal.

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