Wells Fargo Downgrades Dick's Sporting Goods (DKS) to Market Perform

Wells Fargo downgraded Dick's Sporting Goods (NYSE: DKS) from Outperform to Market Perform with a price target of $43-$46 (from $47-$50). Analyst Matt Nemer noted ongoing weakness in golf equipment sales and tough comps in Q4.

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 $45.89 yesterday.

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