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Susquehanna Raises Price Target On Hibbett Sports (HIBB) Ahead of Q1

May 17, 2010 8:47 AM EDT
HIBB Hot Sheet
Rating Summary:
    2 Buy, 8 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 5 | Down: 3 | New: 10
Susquehanna is raising its price target from $30 to $32 and maintains a 'Positive' rating on Hibbett Sports Inc. (Nasdaq: HIBB) as 1Q results are expected to be solid.

Upside in the future stems from strong category trends which should lead to operating leverage, according to the firm.

To see all the upgrades/downgrades on shares of HIBB, visit our Analyst Ratings page.

Hibbett Sports, Inc. engages in the operation of sporting goods stores in small to mid-sized markets primarily in the southeast, southwest, Mid-Atlantic, and lower Midwest regions of the United States.

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