UPDATE: Imperial Capital Reiterates on Sport Chalet as Sales Trends Remain Challenging

In a report published Friday, Imperial Capital analyst Lee J. Giordano reiterated an In-Line rating on Sport Chalet (NASDAQ: SPCHA ), but lowered the price target from $1.50 to $1.25. In the report, Imperial Capital noted, “We are maintaining our In-Line rating and reducing our one-year price target to $1.25