Hibbett Sports upgraded to Buy from Hold at Needham Needham upgraded Hibbett Sports due to valuation and solid fundamentals ahead of the Q3 report on Friday. The firm expects solid results and show business momentum remains strong. Price target is $61.
News For HIBB From The Last 14 Days
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Hibbett Sports assumed with a Neutral from Overweight at Piper Jaffray Piper Jaffray downgraded Hibbett Sports to Neutral after assuming coverage of the stock. Piper believes the company's focus on lower income consumers could be causing a lack of comp store sales growth. It lowered its price target for shares to $43 from $53.