BUZZ-Telsey raises Dick's Sporting Goods' PT; sees co outperforming industry

Reuters · 08/30 12:37
BUZZ-Telsey raises Dick's Sporting Goods' PT; sees co outperforming industry

** Telsey Advisory Group raises Dick's Sporting Goods DKS.N price target to $260 from $255; maintains rating at "Outperform"

** Also raises Q2 2024 EPS estimates to $3.85 from $3.68

** Brokerage expects DKS to continue to outperform the industry and gain market share

** 14 of 30 brokerages rate the stock "buy" or higher, 15 "hold" and 1 "sell"; their median PT is $254.97 - LSEG data

** YTD, DKS up 60% as of last close


(Reporting by Anshuman Tripathy in Bengaluru)

((Anshuman.Tripathy@thomsonreuters.com;))