Dick’s Sporting Goods (DKS) Receives a Buy from Morgan Stanley
Morgan Stanley analyst Simeon Gutman maintained a Buy rating on Dick’s Sporting Goods today and set a price target of $260.00.
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According to TipRanks, Gutman is a 4-star analyst with an average return of 4.9% and a 60.36% success rate. Gutman covers the Consumer Cyclical sector, focusing on stocks such as Dick’s Sporting Goods, Best Buy Co, and Home Depot.
In addition to Morgan Stanley, Dick’s Sporting Goods also received a Buy from Goldman Sachs’s Kate McShane in a report issued on January 9. However, on January 13, Wells Fargo maintained a Hold rating on Dick’s Sporting Goods (NYSE: DKS).
Based on Dick’s Sporting Goods’ latest earnings release for the quarter ending November 1, the company reported a quarterly revenue of $4.17 billion and a net profit of $75.21 million. In comparison, last year the company earned a revenue of $3.06 billion and had a net profit of $227.81 million
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