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DKS

Dick's Sporting

$59.83

-0.4 (-0.66%)

12:33
11/28/16
11/28
12:33
11/28/16
12:33

Dick's Sporting announces acquisition of GameChanger Media

DICK'S Sporting Goods announced the acquisition of GameChanger Media, which operates a live scoring app that delivers data-driven coaching insights, live play-by-play updates and instant game recap stories for 165,000 amateur baseball and softball teams. "We are very excited to acquire GameChanger to enhance our DICK'S Team Sports HQ platform. GameChanger will allow us to provide the baseball and softball communities better tools and in-game information for coaches, players and fans alike. We believe the addition of GameChanger and its unique in-game mobile experience to DICK'S Team Sports HQ strongly supports our efforts to provide unparalleled technological capabilities to youth, prep teams and leagues across the country," said Edward Stack, Chairman & CEO, DICK'S Sporting Goods.

DKS Dick's Sporting
$59.83

-0.4 (-0.66%)

11/02/16
WEDB
11/02/16
INITIATION
Target $65
WEDB
Outperform
Dick's Sporting initiated with an Outperform at Wedbush
Wedbush analyst Christopher Svezia initiated Dick's Sporting Goods with an Outperform and a $65 price target.
11/02/16
11/02/16
INITIATION

On The Fly: Top analyst initiations
Catch up on today's top analyst initiations with this list compiled by The Fly: 1. Alcoa (AA) initiated with a Neutral at Goldman and an Underperform at BofA/Merrill. 2. Everspin Technologies (MRAM) initiated with a Buy at Craig-Hallum, a Buy at Stifel, a Buy at Canaccord, and a Strong Buy at Needham. 3. Amazon.com (AMZN), Dick's Sporting (DKS), Foot Locker (FL), Finish Line (FINL), and Columbia Sportswear (COLM) were initiated with an Outperform at Wedbush while the firm initiated Nike (NKE) and DSW (DSW) with a Neutral. 4. FedEx (FDX) initiated with a Buy at Deutsche Bank while the firm initiated UPS (UPS) with a Hold. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
11/16/16
ADAM
11/16/16
NO CHANGE
Target $70
ADAM
Buy
Dick's Sporting weakness a buying opportunity, says Canaccord
Canaccord analyst Camilo Lyon noted Dick's Sporting reported strong Q3 results but noted shares were down roughly 7% following its report. The analyst said results show his thesis is playing out and recommends buying the shares on weakness. Lyon believes shares were lower due to conservative guidance and vague commentary on expenses, but sees the drivers remaining in place for comparable sales growth acceleration. Camilo reiterated his Buy rating and $70 price target on Dick's Sporting shares.
11/16/16
RBCM
11/16/16
NO CHANGE
RBCM
Dick's Sporting shares should be bought on weakness, says RBC Capital
RBC Capital analyst Scot Ciccarelli notes that Dick's Q4 guidance indicates that the company's business is slowing. He blames the weakness on unseasonably warm weather. However, he thinks that the company will continue to benefit from closures of competing stores, and he recommends buying the stock on weakness.

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