B of A Securities Upgrades Dick's Sporting Goods to Buy, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has upgraded Dick's Sporting Goods (NYSE:DKS) from Neutral to Buy and raised the price target from $225 to $240.
May 29, 2024 | 3:51 pm
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POSITIVE IMPACT
B of A Securities has upgraded Dick's Sporting Goods from Neutral to Buy and increased the price target from $225 to $240.
The upgrade from Neutral to Buy and the increase in the price target to $240 by B of A Securities is likely to positively impact the stock price of Dick's Sporting Goods in the short term. Analyst upgrades generally lead to increased investor confidence and buying activity.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100