Imperial Capital Starts Dick's Sporting Goods (DKS) at Outperform, $57 PT

Imperial Capital initiates coverage on Dick's Sporting Goods (NYSE: DKS) with a Outperform. PT $57.00.

The firm comments, "We consider Dick's a best-of-breed retailer with talented management, an impressive track record of strong financial performance, and significant organic growth potential. We believe Dick’s market position and size as a leading big-box sporting goods retailer provides it with a sustainable competitive advantage offering one of the broadest and deepest assortments of leading brands, as well as a robust private brand/label offering."

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 $47.97 yesterday.

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