TD Cowen raised the firm’s price target on Academy Sports to $78 from $72 and keeps an Outperform rating on the shares. The analyst said we view guidance for 2023 as conservative both on SSS and particularly the EPS range including a Gross Margin above previous annual targets.
Published first on TheFly
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Read More on ASO:
- Academy Sports price target raised to $85 from $75 at Oppenheimer
- Academy Sports sees FY23 adjusted EPS $7.00-$7.75, consensus $7.65
- Academy Sports + Outdoors Reports Fourth Quarter and Fiscal 2022 Results
- Academy Sports reports Q4 adjusted EPS $2.04, consensus $1.81
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