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Acuity Inc (AYI) Has Strong Upside Despite Target Price Cut
Yahoo Finance· 2026-01-24 05:31
Group 1 - Acuity Inc. (NYSE:AYI) is considered one of the 10 most undervalued industrial stocks to buy according to analysts [1] - Christopher Snyder from Morgan Stanley reduced the price target for Acuity Inc. from $425 to $410 while maintaining a Buy rating, noting that the company exceeded fiscal Q1 EPS expectations [1] - Despite a 13% drop in shares due to weaker margins in the ABL segment, the pullback is seen as an attractive entry point for investors [1] Group 2 - Baird analyst Timothy Wojs also lowered the price target for Acuity from $408 to $375 while reiterating a Buy rating, citing modest upside in the first-quarter results [2] - The financial model was updated following a slight positive surprise in Acuity's first-quarter results, but higher expectations led to the revision of the price target [2] Group 3 - Acuity Inc. operates as a provider of building management systems, lighting, lighting controls, and an audio, video, and control platform [3] - The company has two main segments: Acuity Intelligent Spaces (AIS) and Acuity Brands Lighting (ABL) [3]