Morgan Stanley Maintains Overweight on Dick's Sporting Goods, Raises 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) and increased the price target from $145 to $150.
November 22, 2023 | 1:33 pm
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Morgan Stanley's analyst Simeon Gutman has reaffirmed an Overweight rating on Dick's Sporting Goods and raised the price target to $150.
The increase in price target by a reputable analyst like Simeon Gutman from Morgan Stanley is a strong positive signal to the market, suggesting a bullish outlook on the stock. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100