Jefferies raises Dick's Sporting Goods target to $224

Jefferies raised its price target on Dick's Sporting Goods to $224 from $210, maintaining a Hold rating. Stock trades at $219.21.

Today / 19:30|Last updated: Today / 19:32

Jefferies raises Dick's Sporting Goods target to $224 — Photo: Prepared by Bond.az

Bond.az - Jefferies raised its price target on Dick's Sporting Goods (NYSE:DKS) to $224 from $210, maintaining a Hold rating. The stock currently trades at $219.21.

Analyst Jonathan Matuszewski cited positive comparable sales at Foot Locker as an encouraging signal.

Foot Locker International continues to drag, which may require incremental investment to revive the brand abroad.

Jefferies reiterated its Hold rating on the stock.

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