- TD Cowen analyst Jeff Osborne has given Acuity Brands a "buy" rating, raising the target price to $ 410.00.
- His recommendation is supported by various factors, including strong performance in the AIS segment with significant revenue growth and expanding profit margins.
- Osborne also notes ongoing expansion in the data center sector, stability in demand trends, strong free cash flow, and improved leverage after debt repayment, all contributing to his target price increase.
