Acco Brands price target lowered to $7.50 from $8 at Barrington

Barrington lowered the firm’s price target on Acco Brands to $7.50 from $8 and keeps an Outperform rating on the shares. The analyst decreased estimates following the company’s Q3 results. Acco’s sales were impacted by economic conditions but its profitability held up well, the analyst tells investors in a research note.