Core Insights - Acuity Brands, Inc. is recognized for its innovative lighting and building management solutions, enhancing energy efficiency and sustainability [1] - Cowen & Co. upgraded AYI's stock to "Buy," reflecting confidence in the company's future performance [1][6] Financial Performance - Acuity reported a 17.1% increase in revenue for the fourth quarter, attributed to the acquisition of QSC [2][6] - The company projects 2026 revenue between $4.7 billion and $4.9 billion, with adjusted earnings per share (EPS) expected to range from $19 to $20.50 [3][6] Market Position - Cowen & Co. raised Acuity's price target from $330 to $390, indicating a positive outlook for the stock [3][6] - Acuity's current stock price is $357.81, reflecting a decrease of 1.43% or $5.19 [4] Stock Volatility - The stock has experienced fluctuations, with a daily low of $356.24 and a high of $369.48 [4] - Over the past year, AYI reached a high of $375.67 and a low of $216.81, indicating market dynamics and investor sentiment [4] Market Capitalization - Acuity's market capitalization is approximately $10.97 billion, with a trading volume of 103,173 shares on the NYSE [5] - The stock trades at fair value multiples compared to its peers, attracting investor interest despite not being considered a bargain [5]