Dick’s Sporting Goods (NYSE:DKS) Stock Upgrade and…
From Financial Modeling Prep: 2025-05-29 18:05:00
Bank of America Securities upgraded Dick’s Sporting Goods (NYSE:DKS) to a “Buy” with a stock price around $179.19. Despite an earnings miss in the first quarter, the stock rose by 1.29%. DKS has shown strong fundamentals with over 4% comparable sales growth for five consecutive quarters and full-year earnings guidance of $13.80-$14.40 per share. The acquisition of Foot Locker Inc. is seen as a challenge, but DKS’s strategic initiatives and operational strength are expected to help navigate the market.
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