BofA analyst Robert Ohmes raised the firm’s price target on Dick’s Sporting to $170 from $145 and keeps a Buy rating on the shares following the company’s Q4 report. The firm, which raised its FY24 EPS estimate on gross margin improvement and positive first half comps, believes the company’s sales and margins have been structurally rebased and should grow from calendar 2022.
Published first on TheFly
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