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Stock Market & Financial Investment News

News Breaks
March 5, 2013
06:40 EDTAYIAcuity Brands initiated with a Buy at UBS
Target $76.
News For AYI From The Last 14 Days
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September 15, 2014
09:59 EDTAYIOn The Fly: Analyst Upgrade Summary
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05:37 EDTAYIAcuity Brands upgraded to Buy from Neutral at Goldman
Goldman Sachs upgraded Acuity Brands to Buy saying growth in the company's LED lighting business is averaging over two-times the industry. Goldman is bullish on LED lighting adoption and raised its price target for shares to $153 from $128. The firm coupled the upgrade of Acuity with a downgrade of Cree (CREE) to Neutral.
05:35 EDTAYICree downgraded to Neutral from Buy at Goldman
Goldman Sachs downgraded Cree (CREE) to Neutral citing slowing growth in the company's chip business. Goldman lowered its price target for Cree shares to $48 and $60 and prefers Acuity Brands (AYI) as an LED lighting investment. Shares of Cree closed Friday down 57c to $42.67. Goldman upgraded Acuity Brands this morning to Buy.
September 12, 2014
10:00 EDTAYIOn The Fly: Analyst Initiation Summary
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September 11, 2014
18:10 EDTAYIAcuity Brands initiated with an Outperform at Cowen
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