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Dick’s Sporting price target raised to $166 from $155 at Cowen

Cowen analyst John Kernan raised the firm’s price target on Dick’s Sporting to $166 from $155 and keeps an Outperform rating on the shares. The analyst said meaningful gains in our survey data increase our conviction and we view SSS, EBIT margin and share repurchase as too conservative and as such would be buyers heading into earnings.

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