Truist Securities Maintains Buy on Academy Sports, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Academy Sports (NASDAQ:ASO) and increased the price target from $60 to $63, indicating confidence in the company's future performance.
September 11, 2024 | 12:31 pm
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Truist Securities has reaffirmed its Buy rating on Academy Sports and increased the price target to $63, suggesting a positive outlook for the company's stock.
The increase in price target from $60 to $63 by Truist Securities, along with the maintained Buy rating, indicates a positive sentiment towards Academy Sports' future performance. This is likely to boost investor confidence and potentially lead to a short-term increase in ASO's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100