Oppenheimer Maintains Outperform on Acuity Brands, Raises Price Target to $315
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Christopher Glynn maintains an Outperform rating on Acuity Brands (NYSE:AYI) and raises the price target from $250 to $315.
April 04, 2024 | 1:20 pm
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Oppenheimer analyst Christopher Glynn maintains an Outperform rating on Acuity Brands and raises the price target from $250 to $315.
The increase in price target by a reputable analyst suggests a positive outlook on Acuity Brands' future performance, likely leading to increased investor confidence and a potential short-term rise in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100