Acuity Cut to Market Perform From Outperform by William Blair
Ratings actions from Benzinga
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Acuity Brands falls 3.1% after William Blair downgrades on growth concerns
William Blair cut the lighting products maker to 'market perform' from 'outperform' and cited weak market conditions, slower customer spending and higher rates. The stock was down 14.1% year to date including the session move.