Dick's Sporting Goods (DKS) Misses Q4 EPS by 2c; Issues Light EPS Outlook

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UBS Raises Price Target on Dick's Sporting Goods (DKS) Despite 4Q Miss

March 9, 2016 8:05 AM EST

UBS reiterated a Buy rating on Dick's Sporting Goods (NYSE: DKS), and raised the price target to $51.00 (from $42.00), following the company's 4Q earnings report. While the 4Q results that featured a -2.5% comp and a $0.02 EPS miss vs. cons did little to inspire, this was largely anticipated given the uncooperative weather. However, UBS calculates that there are 68 Dick's... More