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Academy Sports price target raised to $65 from $63 at B. Riley

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.

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