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Stock Market & Financial Investment News

News Breaks
March 6, 2014
09:11 EDTDKSDick'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.
News For DKS From The Last 14 Days
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September 16, 2014
07:24 EDTDKSDick's Sporting announces retirement of president and COO Joseph Schmidt
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September 9, 2014
10:10 EDTDKSOn the Fly: Analyst Downgrade Summary
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05:55 EDTDKSDick'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.

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