Telsey Advisory Group Maintains Outperform on Academy Sports, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman has maintained an Outperform rating on Academy Sports (NASDAQ:ASO) but lowered the price target from $72 to $70.
December 01, 2023 | 10:51 am
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Telsey Advisory Group has reaffirmed Academy Sports' Outperform rating, yet reduced its price target from $72 to $70, indicating a slightly less bullish outlook.
The reduction in price target is minor, suggesting only a slight adjustment in expectations. While the Outperform rating is maintained, the lower price target may temper investor expectations for stock price growth in the short term.
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