Loading...
Loading...
In a report published Wednesday, Credit Suisse analyst Seth Sigman reiterated an Underperform rating and $42.00 price target on
Hibbett Sports, Inc.HIBB.
In the report, Credit Suisse noted, "HIBB seems well positioned to deliver upside to Q4 results, as other players in the space have recently done. Yet heading into FY15 we remain cautious on a number of aspects of the story, including increasing big box competition, continued traffic volatility, elevated investments, and premium product dependency. We still see modest risk to estimates for FY15, with potential EPS growth in the high single digit range trailing peers in the space. We revise our 2015 estimate from $3.04 to $3.00."
Hibbett Sports closed on Tuesday at $51.61.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in