Stifel lowered the firm’s price target on Dick’s Sporting (DKS) to $226 from $240 and keeps a Hold rating on the shares. FY25 EPS guidance that is flat plus or minus two points year-over-year falls short of prevailing estimates as investments hold back gross profit dollar flow-through, the analyst tells investors in an earnins recap.
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Read More on DKS:
- Dick’s Sporting price target lowered to $220 from $230 at Citi
- Strong Market Position and Growth Potential Justify Buy Rating for Dick’s Sporting Goods
- DICK’S Sporting Goods Reports Record Sales and Growth
- Optimistic Growth and Strategic Investments Drive Buy Rating for Dick’s Sporting Goods
- Dick’s Sporting price target lowered to $245 from $280 at Truist
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