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Dick’s Sporting price target lowered to $242 from $246 at Barclays

Barclays lowered the firm’s price target on Dick’s Sporting (DKS) to $242 from $246 and keeps an Overweight rating on the shares following the fiscal Q3 report. The firm says results for the core business beat on sales and earnings, driven by 5.7% comp growth. The strong start to holiday has continued into Q4, the analyst tells investors in a research note.

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