Citi lowered the firm’s price target on Dick’s Sporting to $112 from $118 and keeps a Neutral rating on the shares. The analyst expects the company’s’ Q3 earnings to be 1c shy of the consensus but believes Dick’s was able to achieve its sales despite broader challenges facing the sporting goods/active category.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on DKS:
- Dick’s Sporting price target lowered to $106 from $110 at Williams Trading
- Dicks call volume above normal and directionally bullish
- Academy Sports’ top line weakness more than priced in, says Loop Capital
- Dicks put volume heavy and directionally bearish
- Dick’s Sporting to hire 8,600 seasonal teammates for holidays