Truist raised the firm’s price target on Dick’s Sporting (DKS) to $280 from $258 and keeps a Buy rating on the shares. The firm remains “impressed” by the company’s execution on its strategic initiatives and the management’s ability to elevate the shopping experience and strengthen relationships with key vendor partners, the analyst tells investors in a research note. Brands are allocating a wider and deeper breadth of their most premium assortments to Dick’s, which in-turn further improves the customer shopping experience, the firm added.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DKS:
- Dick’s Sporting price target raised to $255 from $245 at Morgan Stanley
- Dicks put volume heavy and directionally bearish
- Dick’s Sporting price target raised to $294 from $270 at TD Cowen
- Dick’s Sporting remains ‘top idea’ for DA Davidson in 2025
- Deckers Outdoor price target raised to $230 from $205 at Truist
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue