UPDATE: Deutsche Bank Downgrades Big 5 Sporting Goods (BGFV) to Hold

August 2, 2017 6:00 AM EDT
Get Alerts BGFV Hot Sheet
Price: $24.98 +1.75%

Rating Summary:
    4 Buy, 7 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 7 | Down: 15 | New: 24
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(Updated - August 2, 2017 6:47 AM EDT)

(updated to add analyst comment)

Deutsche Bank downgraded Big 5 Sporting Goods (NASDAQ: BGFV) from Buy to Hold with a price target of $10.00 (from $20.00).

Analyst Mike Baker expects the company to struggle to grow sales and EPS. He believes industry trends are weakening and sees increased competition from online channels.

For an analyst ratings summary and ratings history on Big 5 Sporting Goods click here. For more ratings news on Big 5 Sporting Goods click here.

Shares of Big 5 Sporting Goods closed at $10.95 yesterday.

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