Jefferies Maintains Buy on Academy Sports, Lowers Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Jonathan Matuszewski maintains a Buy rating on Academy Sports (NASDAQ:ASO) but lowers the price target from $68 to $64.
September 11, 2024 | 3:45 pm
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NEUTRAL IMPACT
Jefferies maintains a Buy rating on Academy Sports but lowers the price target from $68 to $64, indicating a slightly less optimistic outlook.
The maintained Buy rating suggests continued confidence in Academy Sports' performance, but the lowered price target indicates a slightly reduced expectation for future stock price appreciation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100