Dick's Sporting Goods will get back on track, Barron's argues The fall in Dick's Sporting Goods' (DKS) stock price is a good opportunity for long-term investors to buy. The company will open 1,100 new stores and could reach the high fifties by the end of the year, Barron's contends. Reference Link
News For DKS From The Last 14 Days
Check below for free stories on DKS the last two weeks.
Dick's Sporting downgraded to Market Perform from Outperform at Wells Fargo Wells Fargo downgraded Dick's Sporting Goods to Market Perform citing the recent rebound in shares and its data for August which indicates golf equipment sales continue to be weak. Wells also believes Disk's is near peak sales productivity and that the shift to ecommerce will lead to lower margins. The firm dropped its price target range for shares to $43-$46 from $47-$50.