TD Cowen raised the firm’s price target on Academy Sports (ASO) to $61 from $54 and keeps a Hold rating on the shares. TD’s 2025 outlook on softlines retail is “constructive with narratives of momentum and turnaround opportunities,” the analyst tells investors in a research note. Heading into 2025, the firm views Amer Sports (AS), Burlington Stores (BURL), Deckers Outdoor (DECK), Dick’s Sporting (DKS), Lululemon (LULU), On Holding (ONON), Skechers (SKX), and Ralph Lauren (RL) as best positioned relative to consensus estimates and investor sentiment.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
