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Academy Sports and Outdoor (ASO) Prices 14M Share Secondary Offering at $32/Sh by Selling Shareholders; Announces Concurrent 3.23M Share Buyback

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Go back to Academy Sports and Outdoor (ASO) Prices 14M Share Secondary Offering at $32/Sh by Selling Shareholders; Announces Concurrent 3.23M Share Buyback

Academy Sports & Outdoors Inc. (ASO) PT Raised to $38 at Guggenheim

May 10, 2021 6:45 AM EDT

Guggenheim analyst John Heinbockel raised the price target on Academy Sports & Outdoors Inc. (NASDAQ: ASO) to $38.00 (from $30.00) while maintaining a Buy rating.

The analyst commented, "In conjunction with the secondary offering, ASO pre-announced its strongest comp yet of the Ken Hicks era, a... More