News Breaks |
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| September 25, 2012 |
| 08:41 EDT |  | AYI | Acuity Brands lighting market growth moderating, says RW Baird
Baird's Q4 lighting channel checks suggests market volume growth moderated due to macroeconomic and political uncertainty. The firm said Acuity Brands has strong and differentiated secular growth prospects and has a favorable risk/reward. Baird would use any pullbacks to below $60 as aggressive entry points and maintains its Outperform rating and $72 price target. |
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