JPMorgan lowered the firm’s price target on Dick’s Sporting (DKS) to $195 from $224 and keeps a Neutral rating on the shares. The company’s confidence around the momentum in its business remains unchanged, the analyst tells investors in a research note. The firm says that while fundamental strength continues with Dick’s “operating at another level,” the Fool Locker (FL) takeover “remains an overhang.”
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Read More on DKS:
- Hold Rating on Dick’s Sporting Goods Amid Acquisition Uncertainties and Strong Operational Performance
- Dick’s Sporting price target raised to $232 from $217 at Barclays
- Buy Rating for Dick’s Sporting Goods: Strong Financial Performance and Strategic Initiatives Drive Positive Outlook
- DICK’S Sporting Goods Reports Strong Q1 and Strategic Moves
- DICK’S Sporting Goods Q1 Earnings Call Highlights
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