Wells Fargo analyst Ike Boruchow raised the firm’s price target on Dick’s Sporting (DKS) to $187 from $171 and keeps an Equal Weight rating on the shares. Considering China tariffs being lowered to 30% from 145% and the ramifications this should have on the space, the firm again re-scrubs its models and updates estimates to incorporate all relevant variables at this time.
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Read More on DKS:
- DA Davidson analysts hold an analyst/industry conference call
- Dick’s Sporting price target lowered to $223 from $254 at Barclays
- Dick’s Sporting makes strategic investment in Unrivaled Sports
- Dick’s Sporting price target lowered to $171 from $205 at Wells Fargo
- Williams downgrades Dick’s Sporting on tariff impact into earnings
