Where Dick's Sporting Goods Stands With Analysts
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 17 Wall Street analysts have provided ratings for Dick's Sporting Goods (NYSE:DKS), with an average price target of $132.88, which is an implied upside from the current price of $112.48. The consensus among these analysts is leaning towards a bullish and somewhat bullish stance, with 1 bullish, 6 somewhat bullish, and 10 indifferent ratings. Notably, the current average price target has decreased by 15.04% from the previous target of $156.40.
November 14, 2023 | 6:01 pm
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POSITIVE IMPACT
Analysts have a positive outlook on Dick's Sporting Goods with a higher average price target than the current stock price, indicating potential upside. However, the target has been lowered from previous estimates.
The positive sentiment from analysts, with most ratings being bullish or somewhat bullish, suggests a potential increase in DKS's stock price in the short term. However, the reduction in the average price target may temper expectations slightly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100