Jefferies Initiates Coverage On Academy Sports with Buy Rating, Announces Price Target of $85
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Jonathan Matuszewski initiates coverage on Academy Sports (NASDAQ:ASO) with a Buy rating and sets a price target of $85.
April 12, 2024 | 1:26 pm
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Jefferies has initiated coverage on Academy Sports with a Buy rating and a price target of $85, indicating a positive outlook on the stock.
The initiation of coverage by a reputable analyst firm like Jefferies with a Buy rating and a high price target usually signals strong confidence in the company's future performance. This can lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100