Telsey Advisory Group Maintains Outperform on Academy Sports, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained its 'Outperform' rating on Academy Sports (NASDAQ:ASO) but has lowered the price target from $75 to $65.
June 12, 2024 | 9:21 am
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Telsey Advisory Group has maintained its 'Outperform' rating on Academy Sports (NASDAQ:ASO) but has lowered the price target from $75 to $65.
The 'Outperform' rating suggests continued confidence in the stock's performance, but the lowered price target indicates a more conservative outlook on its potential gains. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100