Academy Sports and Outdoors Inc (NASDAQ:ASO) stock rose 2.20% (As on October 4, 11:24:03 AM UTC-4, Source: Google Finance) after Evercore ISI adjusted its stance on the company, downgrading the company's stock from Outperform to In Line. The firm also revised the price target to $60.00 from the previous $65.00. The downgrade is attributed to the stock's significant outperformance relative to the S&P since its IPO, which saw a 300% increase compared to the market's 75% gain.