JPMorgan raised the firm’s price target on Academy Sports (ASO) to $54 from $52 and keeps a Neutral rating on the shares. The firm contends the valuation looks “attractive,” but sees uncertainty on “how much escape velocity there is in the business considering the backdrop,” the analyst tells investors following a “mixed 4Q print.”
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Read More on ASO:
- Academy Sports price target lowered to $65 from $70 at B. Riley
- Academy Sports price target lowered to $60 from $65 at Wedbush
- Academy Sports price target lowered to $60 from $65 at Baird
- Academy Sports price target lowered to $55 from $60 at Morgan Stanley
- Balanced Risk/Reward Scenario Justifies Hold Rating for Academy Sports and Outdoors Amid Mixed Financial Signals