Market Overview

UPDATE: Credit Suisse Initiates Coverage On Dick's Sporting Goods

Share:
Related DKS
The Best And Worst Of Retail This Earnings Season
Citi Highlights Top Back-To-School Stocks
The Vetr community has upgraded $DKS to 3.5-Stars. (Vetr)

In a report released Monday, Credit Suisse initiated Dick's Sporting Goods (NYSE: DKS) with an Outperform rating and $65 price target.

Analyst Seth Sigman stated that Dick's is a “best in class growth retailer”, boasting a strong management team, giving it a strong risk reward outlook going forward.

Looking into the long-term, the report stated that Dicks was best positioned for growth in e-commerce when it comes to sports retailers, while cautioning that the company needed to show some stability to continue its success.

Dick's opened Monday morning up 0.5 percent to $52.91.

Latest Ratings for DKS

DateFirmActionFromTo
Aug 2016BMO CapitalMaintainsOutperform
Aug 2016Deutsche BankMaintainsBuy
Aug 2016Goldman SachsDowngradesBuyNeutral

View More Analyst Ratings for DKS
View the Latest Analyst Ratings

Posted-In: Credit Suisse Seth SigmanAnalyst Color News Initiation Analyst Ratings

 

Related Articles (DKS)

View Comments and Join the Discussion!