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Fly News Breaks for April 10, 2015
DKS
Apr 10, 2015 | 07:31 EDT
UBS, previewing Dick's Sporting Goods' upcoming analyst day meeting, said it believes the company's long-term positioning is underappreciated. The firm said the upcoming meeting should focus on its long-term potential and thinks if the company lowers its operating margins goal slightly it will be seen as more achievable and should place a higher multiple on the shares. UBS reiterated its Buy rating and raised its price target to $67 from $64 on Dick's Sporting shares.
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