Academy Sports price target raised to $65 from $60 at Loop Capital

Loop Capital analyst Anthony Chukumba raised the firm’s price target on Academy Sports to $65 from $60 and keeps a Buy rating on the shares. The analyst cites the company’s Q3 earnings beat and guidance raise coming for the third consecutive quarter. Chukumba adds that he continues to be impressed by Academy’s performance under its current management team and believes that the company is still in the "early innings" of a long multi-year turnaround.