Citi analyst Paul Lejuez raised the firm’s price target on Dick’s Sporting Goods to $144 from $140 and keeps a Neutral rating on the shares following the Q4 results. The analyst says management’s "optimistic view" of fiscal 2023 drove the stock up 11%. The firm believes the stock’s risk/reward is balanced at current levels.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on DKS:
- Dick’s Sporting price target raised to $150 from $120 at Baird
- Dick’s Sporting price target raised to $170 from $135 at Gordon Haskett
- Dick’s proving can ‘punch in a higher weight class,’ says Morgan Stanley
- DKS Gains after Better-than-Expected Q4 Results
- Dick’s Sporting CEO says ‘our inventory is in great shape as we start 2023’
