Loop Capital analyst Anthony Chukumba raised the firm’s price target on Dick’s Sporting (DKS) to $225 from $220 and keeps a Hold rating on the shares. Dick’s Sporting “hit on all cylinders” in Q3, including a third consecutive quarter of 4%+ comparable sales growth, an earnings beat to consensus expectations, and increased 2024 guidance for the third time this fiscal year, the analyst tells investors in a research note.
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Read More on DKS:
- Dick’s Sporting upgraded to Buy from Neutral at UBS
- Dick’s Sporting Goods Reports Strong Q3 Results and Raises 2024 Outlook
- Dick’s Sporting price target raised to $240 from $232 at Stifel
- Baird says ‘comfortable’ buying Dick’s Sporting on any pullback after Q3 results
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