Form 4 Academy Sports & Outdoor For: Sep 06 Filed by: Ford Earl Carlton IV

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Go back to Form 4 Academy Sports & Outdoor For: Sep 06 Filed by: Ford Earl Carlton IV

Academy Sports & Outdoors Inc. (ASO) PT Lowered to $52 at JPMorgan

September 10, 2024 4:06 PM EDT

JPMorgan analyst Christopher Horvers lowered the price target on Academy Sports & Outdoors Inc. (NASDAQ: ASO) to $52.00 (from $53.00) while maintaining a Neutral rating.

The analyst comments "PMs take: sustainability of comp improvement key to making 2H guide completely de-risked, albeit EPS appears biased toward upper-end. ASO missed 2Q comp/EPS and lowered its net income guidance for FY24 by ~13%, with 2H implied below the Street by a... More