Barclays raised the firm’s price target on Dick’s Sporting (DKS) to $264 from $242 and keeps an Overweight rating on the shares following the Q4 report. The company’s adjusted earnings matched consensus, driven by a sales beat, offset by a margin miss, the analyst tells investors in a research note. The firm says Foot Locker’s inventory cleanup progressed faster than expected, allowing a shift to the next phase of the its turnaround, store fleet improvement
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