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Fly News Breaks for May 7, 2015
DKS
May 7, 2015 | 08:36 EDT
As previously reported, BMO Capital upgraded Dick's Sporting Goods to Outperform from Market Perform and raised it price target to $63 from $52. The firm said it has increased confidence in sales and margin forecasts and senses management is increasingly willing to return capital to shareholders and could buyback $1.3B in common stock over the next five years.
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