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Dick’s Sporting price target raised to $280 from $255 at Argus

Argus raised the firm’s price target on Dick’s Sporting (DKS) to $280 from $255 and keeps a Buy rating on the shares. The firm notes that its recent store visits have been “encouraging” as they showcase the company’s merchants continually presenting attractive merchandise in a pleasant, well-organized environment, the analyst tells investors in a research note. Dick’s Sporting has continued to gain market share in its priority categories – Footwear, Athletic apparel, Team sports and Golf – the firm added.

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