Foot Locker shares surge as Dick’s mulls $24-a-share buyout
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Dick's Sporting Goods (DKS) PT Lowered to $200 at Citi
May 16, 2025 5:53 AM EDTCiti analyst Paul Lejuez lowered the price target on Dick's Sporting Goods (NYSE: DKS) to $200.00 (from $220.00) while maintaining a Neutral rating.
The analyst comments "After DKS proposed buyout of FL for $24/share ($2.4BN), shares sold off ~15% (lost $2.5BN of Mcap)... More
Citi on Dick's Sporting Goods (DKS) Acquisition: 'the M&A track record in retail has not been great'
May 15, 2025 6:47 AM EDTCiti analyst Paul Lejuez reiterated a Neutral rating and $220.00 price target on Dick's Sporting Goods (NYSE: DKS).
The analyst comments "
DKS announced today it is offering ~$24/share ($2.3BN EV) to buy FL, representing a deal multiple of 5.9x... More
