Guggenheim raised the firm’s price target on Academy Sports (ASO) to $65 from $60 and keeps a Buy rating on the shares. The firm believes investors should be confident in the company’s ability to profitably gain share, especially in less competitive rural/exurban markets.
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Read More on ASO:
- Academy Sports price target raised to $56 from $52 at Wells Fargo
- Academy Sports price target raised to $55 from $49 at Barclays
- Academy Sports price target raised to $60 from $55 at Evercore ISI
- Academy Sports Forecasts Q1 Sales Growth, Highlights Strategy
- Academy Sports sees Q1 revenue up 6%-7%, SSS up 2%-3%