Morgan Stanley Maintains Overweight on Dick's Sporting Goods, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman has maintained an Overweight rating on Dick's Sporting Goods (NYSE:DKS) but lowered the price target from $175 to $150.

August 23, 2023 | 1:20 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Dick's Sporting Goods' price target has been lowered from $175 to $150 by Morgan Stanley, though the Overweight rating is maintained.
The news of Morgan Stanley lowering the price target for Dick's Sporting Goods could potentially create some uncertainty among investors, possibly leading to short-term price volatility. However, the maintained Overweight rating indicates that the analyst still sees the stock as a good investment, which could balance out any negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100