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 following the Q3 results. Chukumba continues to be impressed by Academy’s performance under its current management team and believes the company is still in the early innings of a long multiyear turnaround, the analyst tells investors in a research note.