Worries about Dick's Sporting sales largely overblown, says Oppenheimer Oppenheimer believes that concerns about a significant slowing in Dick's sales as a result of warmer weather are largely overdone. Recent industry data suggests that sporting goods sales have stayed strong, and the firm believes that the company's Q4 results could provide a positive catalyst to the stock. It maintains an Outperform rating on the shares.
News For DKS From The Last 14 Days
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Dick's Sporting Q1 guidance will be near term driver, says Susquehanna Susquehanna believes Dick's Sporting is well positioned for 2014 but expects Q1 guidance to set the early tone. The firm expects management to be conservative but given the positive sector backdrop they see a sight acceleration to unit growth and reasonable current valuation. Shares are Positive rated with a $65 price target.