Dick's Sporting Goods (DKS) to Benefit from The Sports Authority's Woes - Sterne Agee CRT

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Canaccord Genuity Says Dick's Sporting Goods (DKS) Would Benefit From Sports Authority Store Closures - Reiterates Buy

January 21, 2016 9:55 AM EST

Canaccord Genuity reiterated a Buy rating and $48.00 price target on Dick's Sporting Goods (NYSE: DKS) after news of Sports Authority's missed $20M interest payment last Friday. The missed payment sparked debate over who would stand to benefit if TSA were to close stores. Should TSA close stores in a trade area in which DKS operates, Canaccord would... More