** Morgan Stanley raises PT on lighting products maker Acuity Brands AYI.N to $365 from $335, which is about 20% upside on stock's last close; reiterates "overweight" rating
** Brokerage sees AYI as competitively advantaged over low-cost Chinese competitors, supporting pricing power and share gains
** Management has delivered on all fronts operationally and is now showing impressive M&A integration, turning AYI into a higher-growth and more-durable business - Morgan Stanley
** Four of nine brokerages rate the stock "buy" or higher, five rate "hold"; their median PT is $330, according to data compiled by LSEG
** Including session's moves, stock up about 2.6% YTD
(Reporting by Prakhar Srivastava in Bengaluru)
((Prakhar.srivastava2@thomsonreuters.com))
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