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Dick’s Sporting price target lowered to $195 from $224 at JPMorgan

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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