Morgan Stanley Maintains Overweight on Dick's Sporting Goods, Raises Price Target to $235
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman maintains an Overweight rating on Dick's Sporting Goods (DKS) and raises the price target from $160 to $235.
March 15, 2024 | 5:31 pm
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Morgan Stanley has maintained its Overweight rating on Dick's Sporting Goods and increased the price target from $160 to $235.
The upgrade in the price target by a reputable analyst like Simeon Gutman from Morgan Stanley is a strong positive signal for investors, indicating a bullish outlook on the stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100