Oppenheimer Boosts Target on Dick's Sporting Goods (DKS), Still Room to Run

March 29, 2012 8:43 AM EDT
Get Alerts DKS Hot Sheet
Price: $194.53 -3.68%

Rating Summary:
    29 Buy, 22 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 12 | Down: 21 | New: 20
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Oppenheimer raised its price target on Outperform-rated Dick's Sporting Goods (NYSE: DKS) from $48 to $57, saying despite the 30% YTD rally its still has "room to run."

"DKS represents one of the few Hardlines stories that enjoys substantial new unit growth potential and is benefiting from improving sector demand trends," the firm said.

For an analyst ratings summary and ratings history on Dick's Sporting Goods click here. For more ratings news on Dick's Sporting Goods click here.

Shares of Dick's Sporting Goods closed at $48.01 yesterday.


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