Barclays analyst Adrienne Yih raised the firm’s price target on Dick’s Sporting to $239 from $194 and keeps an Overweight rating on the shares. The company’s Q4 results beat across the board and management for the first time disclosed store economics on the new House of Sport and NextGen Dick’s Sporting Goods stores, setting the stage for a new level of profitability, the analyst tells investors in a research note.
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