Telsey Advisory raised the firm’s price target on Dick’s Sporting to $195 from $160 and keeps an Outperform rating on the shares ahead of Dick’s reporting Q4 earnings on Thursday, March 14. The firm maintains its above-consensus Q4 and 2024 estimates for Dick’s as it believes the company should generate “solid sales growth” as consumers continue to prioritize healthy lifestyles, outdoor activities and comfortable attire and believes Dick’s is gaining share, the analyst tells investors in a preview.
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