Wells Fargo Maintains Equal-Weight on Academy Sports, Raises Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Will Gaertner has maintained an Equal-Weight rating on Academy Sports (NASDAQ:ASO) while raising the price target from $46 to $51.
September 11, 2024 | 2:12 pm
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Wells Fargo has maintained its Equal-Weight rating on Academy Sports but increased the price target from $46 to $51, indicating a positive outlook.
The increase in price target from $46 to $51 by Wells Fargo suggests a positive outlook for Academy Sports, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target shows confidence in potential growth.
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