BofA raised the firm’s price target on Dick’s Sporting to $250 from $240 and keeps a Buy rating on the shares after the company reported fiscal Q2 adjusted EPS of $4.37, which beat the Street view of $3.86, but included a 30c benefit from the fiscal calendar shift. Following the “strong” Q2 performance, the firm raised its FY25 adjusted EPS view to $13.90 from $13.75, in-line with updated guidance of $13.55-$13.90.
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