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Stock Market & Financial Investment News

News Breaks
May 14, 2014
08:23 EDTDKSDick's Sporting recent sell-off creates buying opportunity, says Sterne Agee
Sterne Agee expects Dick's same-store sales to continue to improve, as it thinks the company is benefiting from strong sales of athletic footwear, active & outdoor apparel, and premium apparel. The firm keeps a $64 price target and Buy rating on the shares.
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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