D.A. Davidson Remains a Buy on Dick’s Sporting Goods (DKS)
In a report released yesterday, Michael Baker from D.A. Davidson maintained a Buy rating on Dick’s Sporting Goods, with a price target of $260.00. The company’s shares closed yesterday at $187.78.
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Baker covers the Consumer Cyclical sector, focusing on stocks such as Advance Auto Parts, Home Depot, and Tractor Supply. According to TipRanks, Baker has an average return of 5.2% and a 53.88% success rate on recommended stocks.
In addition to D.A. Davidson, Dick’s Sporting Goods also received a Buy from Telsey Advisory’s Joe Feldman in a report issued on March 13. However, on March 12, TipRanks – xAI reiterated a Hold rating on Dick’s Sporting Goods (NYSE: DKS).
Based on Dick’s Sporting Goods’ latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $6.23 billion and a net profit of $128.34 million. In comparison, last year the company earned a revenue of $3.89 billion and had a net profit of $299.97 million
Read More on DKS:
Disclaimer & DisclosureReport an Issue
- Dick’s Sporting price target lowered to $240 from $245 at Telsey Advisory
- Dick’s Sporting price target lowered to $252 from $275 at Truist
- Dick’s Sporting price target lowered to $250 from $260 at Morgan Stanley
- Dick’s Sporting price target lowered to $200 from $225 at Wells Fargo
- Dick’s Sporting price target raised to $264 from $242 at Barclays
