Argus analyst Chris Graja raised the firm’s price target on Dick’s Sporting to $140 from $130 and keeps a Buy rating on the shares. The analyst cites the company’s stronger than expected Q3 results as well as the management’s view that participation in outdoor activities has increased and that consumers have a greater preference for athletic apparel. Graja is also raising his FY24 EPS view on Dick’s Sporting by 25c to $12.25.
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