DA Davidson analyst Michael Baker raised the firm’s price target on Dick’s Sporting to $178 from $145 and keeps a Buy rating on the shares. Dick’s Sporting is showing themselves to be a true best in class retailer, competing in a resilient space, but DA Davidson does not believe that is not yet reflected in the stock price as it is still the cheapest Retailing/Broadlines & Hardlines name in the space despite being a massive stock outperformer, the analyst tells investors in a research note.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on DKS:
- Dick’s Sporting price target raised to $175 from $165 at Morgan Stanley
- Dick’s Sporting price target raised to $148 from $125 at JPMorgan
- Dick’s Sporting price target raised to $175 from $138 at Oppenheimer
- Dick’s Sporting price target raised to $144 from $140 at Citi
- Dick’s Sporting price target raised to $174 from $139 at Barclays
