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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Nike And Jordan Power Academy Sports' Store Upgrade

Houston,,Tx,,Us-may,18,,2017:customer,Exit,Academy,Sports,+,Outdoors

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) is strengthening its merchandising, RFID technology and operational capabilities to drive more consistent performance amid choppy sales trends.

Reflecting a positive outlook for the company’s trajectory, Telsey Advisory Group analyst Cristina Fernández reiterated the Outperform rating on Academy Sports and Outdoors, raising the price forecast from $58 to $65.

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