Big 5 Sporting Goods (BGFV) Tops Q1 EPS by 10c, Beats on Revenue; Offers Q2 EPS Guidance
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Big 5 Sporting Goods (BGFV) PT Raised to $20 at Deutsche Bank on Big Comp Beat
May 3, 2017 8:54 AM EDTDeutsche Bank raised its price target on Big 5 Sporting Goods (NASDAQ: BGFV) to $20.00 (from $18.00) while maintaining a Buy rating.
Analyst Mike Baker notes comps came in at 7.9% beating Thomson Reuters estimates of 5.1%. On a two-year basis, comps grew 6.0%, accelerating sharply from 3.1% last quarter and 6.8% in 3Q16.
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