Goldman Sachs Maintains Neutral on Acuity Brands, Raises Price Target to $261
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brian Lee maintains a Neutral rating on Acuity Brands (NYSE:AYI) and raises the price target from $227 to $261.
April 04, 2024 | 3:57 pm
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Goldman Sachs maintains a Neutral stance on Acuity Brands but raises the price target from $227 to $261.
The increase in price target by Goldman Sachs, a major financial institution, suggests a positive outlook on Acuity Brands' future performance, potentially leading to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90