Jefferies Maintains Buy on ASO, Lowers PT to $61 on Mar 17, 2026

Jefferies maintained a Buy on Academy Sports and Outdoors, Inc. (ASO) on March 17, 2026. The firm cut its price target to $61 from $65. The ASO analyst rating shows Jefferies still favors the stock despite weaker income trends. Jefferies noted margin pressure and trim to near-term estimates, but said the name can still outperform. This update matters for investors tracking analyst views and price-action after the call.