Gordon Haskett Downgrades Academy Sports to Hold, Lowers Price Target to $52
Portfolio Pulse from richadhand@benzinga.com
Gordon Haskett analyst Eric Cohen has downgraded Academy Sports (NASDAQ:ASO) from Accumulate to Hold and lowered the price target from $56 to $52.

August 28, 2023 | 3:53 pm
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Academy Sports (ASO) has been downgraded from Accumulate to Hold by Gordon Haskett, with a lowered price target of $52.
The downgrade from Accumulate to Hold suggests that the analyst believes the stock may not outperform the market in the near future. The lowering of the price target also indicates a reduced expectation of the stock's future price, which could negatively impact investor sentiment and potentially lead to a decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100