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Why Analysts Upgraded Dick’s Sporting Goods

Why Analysts Upgraded Dick’s Sporting Goods

On February 15, CFRA upgraded its rating on Dick’s Sporting Goods (DKS) to “hold” from “sell” and upped the price target to $34 from the $27 projected earlier, according to a MarketWatch report. The upgrade came because some brands that sell their merchandise at Dick’s Sporting Goods reported encouraging sales trends. Dick’s Sporting Goods stock price was down marginally by 0.2% on February 15, 2018.