BTIG analyst Robert Drbul initiated coverage of Dick’s Sporting (DKS) with a Buy rating and $300 price target The firm is “impressed” by the progress made evolving Dick’s Sporting Goods from a retail box into the largest omni-channel sports retailer in the U.S. While Dick’s is integrating its $2.5B acquisition of Foot Locker, the firm expects a continued laser focus on the execution of its core Dick’s business, which is “enjoying strong momentum,” the analyst tells investors.
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