The increase in the price target from $125 to $175 by Wells Fargo indicates a positive outlook on the stock's future performance. This adjustment suggests that the analyst sees potential for growth or positive momentum in Dick's Sporting Goods' stock price in the short term. Given the significance of analyst ratings and price targets in influencing investor perception and stock prices, this news is likely to be viewed positively by the market, potentially leading to an increase in the stock price in the short term.