TD Cowen Maintains Outperform on Academy Sports, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst John Kernan maintains an Outperform rating on Academy Sports (NASDAQ:ASO) but lowers the price target from $68 to $65.

August 29, 2023 | 3:00 pm
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TD Cowen analyst maintains Outperform rating on ASO but lowers price target from $68 to $65.
The news is directly related to Academy Sports (ASO). While the Outperform rating is maintained, which is positive, the lowering of the price target from $68 to $65 might have a neutral to slightly negative impact on the stock in the short term as it indicates a lower future valuation.
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