Wedbush analyst Seth Basham raised the firm’s price target on Dick’s Sporting to $210 from $160 and keeps a Neutral rating on the shares. Dick’s Q4 results were ahead of consensus forecasts, but the firm was surprised by the 15.5% stock price increase on the back of the print and sees the move as overdone.
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Read More on DKS:
- DKS Earnings: Dick’s Sporting Goods Surges on Record Sales and Upbeat Q4 Results
- Dick’s Sporting Goods: New Sales Metrics and Dividend Announcement
- Dick’s Sporting Chairman says ‘we are very pleased with our results’
- DICK’S Sporting Goods Reports Fourth Quarter and Full Year 2023 Results; Delivers Largest Sales Quarter in Company History
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