B. Riley raised the firm’s price target on Academy Sports to $72 from $65 and keeps a Buy rating on the shares.The firm is encouraged by the inflection in Outdoor after December sales grew year over year, lending confidence to an eventual inflection in quarterly comps, the analyst tells investors in a research note.
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Read More on ASO:
- Academy Sports price target lowered to $75 from $83 at Telsey Advisory
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- Academy Sports price target raised to $80 from $70 at Baird
- Academy Sports price target raised to $88 from $83 at Wells Fargo
