Analysts Bump Up Worth Goal On This Sporting Items Firm – Learn Why

0
75

  • Stephen Analyst Daniel Imbro raised the price target Academy Sports and Outdoors Inc ASO from $68 to $70 while keeping an Overweight rating on the stock. The revised price target implies an upside potential of 75%.
  • The analyst calls the company’s fourth quarter another quarter of solid margin leverage.
  • The analysts added that the current valuation is too cheap for this opportunity.
  • loop capital Analyst Daniel Adam raised the price target on Academy Sports to $50 from $43 while maintaining a buy rating on the stock. The elevated price target implies a 25% upside potential.
  • Academy Sports reported fourth-quarter revenue growth of 13.2% year over year.
  • Price promotion: ASO shares are trading up 0.91% at $39.89 on the latest check Wednesday.