Telsey Advisory Group Maintains Outperform on Dick's Sporting Goods, Lowers Price Target to $140
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group analyst Joseph Feldman has maintained an 'Outperform' rating on Dick's Sporting Goods (NYSE:DKS) but lowered the price target from $160 to $140.

August 23, 2023 | 8:02 am
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Dick's Sporting Goods' price target has been lowered from $160 to $140 by Telsey Advisory Group, though the 'Outperform' rating is maintained.
The lowering of the price target by Telsey Advisory Group could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative sentiment to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100