Truist raised the firm’s price target on Academy Sports to $77 from $73 and keeps a Buy rating on the shares. The firm’s Truist Card Data suggests upside for Q4, the analyst tells investors in a research note, adding that Academy Sports comps look poised to inflect positively after two years of mid-single-digit declines, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on ASO:
- Academy Sports Prepayment Saves Millions in Interest
- Unusually active option classes on open January 31st
- Academy Sports appoints Robert Howell as Chief Supply Chain Officer
- Academy Sports appoints Chad Fox as Chief Customer Officer
- The hardlines and grocery retail stocks to own in 2024, according to UBS