Morgan Stanley Maintains Equal-Weight on Academy Sports, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman maintains an Equal-Weight rating on Academy Sports (NASDAQ:ASO) but lowers the price target from $65 to $60.
June 12, 2024 | 11:57 am
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Morgan Stanley analyst Simeon Gutman maintains an Equal-Weight rating on Academy Sports (NASDAQ:ASO) but lowers the price target from $65 to $60.
The lowered price target from $65 to $60 by Morgan Stanley suggests a less optimistic outlook for Academy Sports in the short term, which could lead to a negative impact on the stock price.
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