A number of stock research firms have changed their ratings and price targets for Dick’s Sporting Goods (NYSE: DKS) during the last seven days:

  • Dick’s Sporting Goods had its “buy” rating reaffirmed by analysts at UBS AG. They now have a $58.00 price target on the stock.
  • Dick’s Sporting Goods was upgraded by analysts at SunTrust from a “neutral” rating to a “buy” rating.
  • Dick’s Sporting Goods had its price target raised by analysts at Robert W. Baird from $57.00 to $60.00. They now have an “outperform” rating on the stock.
  • Dick’s Sporting Goods had its price target raised by analysts at Canaccord Genuity to $59.00. They wrote, “DKS reported a clean Q3 beat of $0.40 vs. our/consensus of $0.36/$0.37. Impressive gross margin expansion of 123bps coupled with a stronger comp (+5% vs. our +4% est.) drove the beat. In our view, DKS is outperforming the competitive set despite choppy trends in retail. Moreover, we believe DKS is well positioned to drive significant upside to Q4 comp and EPS should winter arrive.”
  • Dick’s Sporting Goods ‘s EPS estimates were raised by analysts at JPMorgan Chase. They now have an “overweight” rating and a $61.00 price target on the stock.

Shares of Dick’s Sporting Goods traded up 0.14% during mid-day trading on Friday, hitting $50.02. Dick’s Sporting Goods has a one year low of $34.42 and a one year high of $54.24. The company has a market cap of $6.108 billion and a P/E ratio of 23.14.

Dick’s Sporting Goods, Inc. (Dick’s) is a sporting goods retailer offering an assortment of brand name sporting goods equipment, apparel and footwear.