Big 5 Sporting Goods Corp. (BGFV) Reports In-Line Q1 EPS

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Big 5 Sporting Goods (BGFV) PT, Estimates Cut at Needham & Company; Top Rating Maintained

April 30, 2014 6:19 AM EDT

Needham & Company analyst Sean McGowan lowered his price target on Big 5 Sporting Goods (NASDAQ: BGFV) to $20.00 (from $23.00) but maintained a Strong Buy rating following Q1 results.

McGowan comments, "1Q results were better than expected but still showed significant YoY declines due to difficult firearm... More