Morgan Stanley Maintains Equal-Weight on Academy Sports, Maintains $60 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman has maintained an Equal-Weight rating on Academy Sports (NASDAQ:ASO) with a price target of $60.
September 11, 2024 | 2:26 pm
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Morgan Stanley has reiterated its Equal-Weight rating for Academy Sports with a $60 price target, indicating a neutral stance on the stock's short-term performance.
The reiteration of an Equal-Weight rating and a $60 price target by Morgan Stanley suggests that the analyst sees no immediate catalysts for significant price movement. This indicates a neutral short-term outlook for ASO.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100