Telsey Advisory Group Maintains Outperform on Academy Sports, Lowers Price Target to $70-Report Released on 30th November 2023
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 as reported on November 30, 2023.

December 01, 2023 | 10:52 am
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Telsey Advisory Group has reaffirmed its Outperform rating on Academy Sports but reduced the price target from $72 to $70.
The reduction in price target by Telsey Advisory Group could have a neutral to slightly negative short-term impact on ASO's stock price as it suggests a lower expected future price, albeit still above the current trading level. However, the reaffirmation of the Outperform rating indicates that the analyst still has a positive view on the stock's potential performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100