ACUITY BRANDS (AYI) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of ACUITY BRANDS (AYI) from NEUTRAL to UNDERPERFORM on January 15, 2013, with a target price of $64.10.

Acuity Brands, Inc. is comprised of the Acuity Lighting Group and Acuity Specialty Products. The Acuity Lighting Group is the world's largest lighting fixture manufacturer and includes brands such as Lithonia Lighting, Holophane, Peerless, and Hydrel. Acuity Specialty Products is a leading provider of specialty chemicals and includes brands such as Zep, Enforcer, and Selig.

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