Evercore ISI Group Maintains Outperform on Academy Sports, Lowers Price Target to $70
Portfolio Pulse from jenniferd'souza@benzinga.com
Evercore ISI Group analyst Greg Melich maintains an Outperform rating on Academy Sports (NASDAQ:ASO) but lowers the price target from $80 to $70.
June 07, 2023 | 3:14 pm
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Evercore ISI Group maintains Outperform rating on Academy Sports (NASDAQ:ASO) but lowers price target from $80 to $70.
The news of Evercore ISI Group maintaining an Outperform rating on Academy Sports (NASDAQ:ASO) is positive for the stock. However, the lowering of the price target from $80 to $70 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100