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Deutsche Bank provided color on Dick's Sporting Goods
DKS after a meeting with its management. In a research report published today, Deutsche Bank remained optimistic about Dick's Sporting Goods' future. It currently has a Buy rating and a price target of $46 on the company.
In the report, Deutsche Bank states, "We see a number of Strong product cycles supporting comps including
Under Armour's charged cotton, which has debuted well, light weight run-
ning shoes, Reebok's Zig sneakers, Taylor Made R11 and Callaway Razor
Head drivers, and core training and resistance in the exercise category."
In today's trading, Dick's Sporting Goods lost 1.7% and is currently trading around $37.53.
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Posted In: Analyst ColorAnalyst RatingsConsumer DiscretionaryDeutsche BankDick's Sporting Goods IncSpecialty Stores
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