Wells Fargo Maintains Overweight on Academy Sports, Lowers Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Kate Fitzsimons maintains an Overweight rating on Academy Sports (NASDAQ:ASO) but lowers the price target from $75 to $68.
June 05, 2023 | 11:54 am
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Wells Fargo maintains Overweight rating on Academy Sports (NASDAQ:ASO) and lowers price target from $75 to $68.
The news directly mentions Academy Sports (ASO) and the lowered price target by Wells Fargo. While the Overweight rating is maintained, the reduced price target may have a neutral impact on the stock price in the short term, as investors may interpret it as a sign of reduced growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100