Sterne Agee Downgrades Dick's Sporting Goods (DKS) to Neutral Following Q1 Miss
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Piper Jaffray Downgrades Dick's Sporting Goods (DKS) to Neutral
May 21, 2014 6:36 AM EDTPiper Jaffray downgraded Dick's Sporting Goods (NYSE: DKS) from Overweight to Neutral with a price target of $48.00 (from $64.00) noting competition is increasing in key hard goods categories.
Analyst Sean P. Naughton said, "We are downgrading shares of DKS from Overweight to Neutral... More
Dick's Sporting Goods (DKS) Numbers Slashed at Janney Capital; 'Buy' Maintained
May 21, 2014 6:28 AM EDTJanney Capital analyst Eric Tracy lowered estimates and his price target on Dick's Sporting Goods (NYSE: DKS) to $52.00 (from $60.00) following weak Q1 results and guidance but maintained a Buy rating.
Tracy commented, "While we expected 1Q to be challenged, the magnitude/ongoing nature of issues were worse... More
UPDATE: SunTrust Robinson Humphrey Downgrades Dick's Sporting Goods (DKS) to Neutral
May 20, 2014 9:34 AM EDT(Updated - May 20, 2014 10:03 AM EDT)
SunTrust Robinson Humphrey downgraded Dick's Sporting Goods (NYSE: DKS) from Buy to Neutral with a price target of $51 (from $66.) 2014 EPS estimates were reduced to $2.80 from $3.20. Analyst David G. Magee said Q1 was disappointing, and he thinks it sets a negative tone for the... More
Dick's Sporting Goods, Inc. (DKS) Misses Q1 EPS by 3c; Cuts FY14 Profit Outlook
May 20, 2014 7:32 AM EDTDick's Sporting Goods, Inc. (NYSE: DKS) reported Q1 EPS of $0.50, $0.03 worse than the analyst estimate of $0.53. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.46 billion.
Consolidated same store sales increased 1.5%, compared to the Company's guidance of an approximate 3 to 4%... More
