Evercore ISI Group Maintains Outperform on Academy Sports, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Greg Melich maintains an Outperform rating on Academy Sports (NASDAQ:ASO) but lowers the price target from $78 to $75.

March 26, 2024 | 3:16 pm
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Evercore ISI Group maintains an Outperform rating on Academy Sports but lowers the price target from $78 to $75.
The adjustment in price target by a reputable analyst firm like Evercore ISI Group, while maintaining an Outperform rating, suggests a positive outlook on ASO's fundamentals but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on ASO's stock price as the market digests the new price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100