B. Riley analyst Anna Glaessgen raised the firm’s price target on Academy Sports to $65 from $63 and keeps a Buy rating on the shares. The analyst is “pleased” by the company’s performance in Q2 amid a tough operating environment. The firm sees Academy Sports’ value offering as a key advantage versus peers as consumers gravitate toward value in the current environment.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on ASO:
- Academy Sports Stock (NASDAQ:ASO): A Diamond in the Retail Rough
- Academy Sports (NASDAQ:ASO) Soars on Q2 Earnings Beat
- Academy Sports jumps 12% to $55.92 after Q2 earnings beat, FY23 guidance raise
- Academy Sports raises 2023 adjusted EPS view $6.95-$7.65 from $6.80-$7.50
- Academy Sports expects to open six stores in Q3