Citigroup Maintains Neutral on Dick's Sporting Goods, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Lejuez has maintained a Neutral rating on Dick's Sporting Goods (NYSE:DKS) and increased the price target from $112 to $120.
November 22, 2023 | 7:38 pm
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POSITIVE IMPACT
Citigroup has maintained a Neutral rating on Dick's Sporting Goods but raised the price target from $112 to $120, indicating a positive outlook on the stock's value.
The increase in price target by Citigroup suggests that the analyst sees some upside potential for Dick's Sporting Goods, which could lead to a positive short term impact on the stock price. However, the Neutral rating indicates that the analyst does not see significant momentum beyond the revised target, which tempers the potential impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100