Dick’s Sporting price target lowered to $106 from $110 at Williams Trading

Williams Trading lowered the firm’s price target on Dick’s Sporting to $106 from $110 and keeps a Hold rating on the shares. The firm is reducing its estimates ahead of Q3 earnings due on Tuesday, November 21 due to slowing store traffic and what it sees as staffing levels in the stores that “are generally too low.” The firm expects that Dick’s will lower its FY23 guidance when results are announced next week, the analyst tells investors.