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Acuity Inc (AYI) Has Strong Upside Despite Target Price Cut
Yahoo Finance· 2026-01-24 05:31
Acuity Inc. (NYSE:AYI) is one of the 10 most undervalued industrial stocks to buy according to analysts. Christopher Snyder from Morgan Stanley cut Acuity Inc.’s (NYSE:AYI) price target from $425 to $410 on January 12. However, he kept his Buy rating on the stock. The analyst noted that the company delivered fiscal Q1 EPS that surpassed expectations, and forward revisions remained unchanged. However, the shares dropped 13% following the report, mainly due to weaker-than-expected margins in the ABL segment. ...