Baird Maintains Neutral on Acuity Brands, Raises Price Target to $286
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Timothy Wojs has maintained a Neutral rating on Acuity Brands (NYSE:AYI) and increased the price target from $236 to $286.

March 26, 2024 | 11:02 am
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POSITIVE IMPACT
Baird analyst Timothy Wojs maintains a Neutral rating on Acuity Brands and raises the price target from $236 to $286.
The increase in price target from $236 to $286 by Baird indicates a positive outlook on the stock's value, potentially leading to short-term investor optimism and a positive impact on the stock price. However, the maintenance of a Neutral rating suggests that the analyst sees limitations to the stock's upside potential, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100