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Fly News Breaks for January 21, 2016
DKS
Jan 21, 2016 | 07:34 EDT
Canaccord said the news that Sports Authority missed a debt payment could lead to store closures, which would benefit Dick's Sporting. The firm said the benefits would come over the medium term, which should help shift investors sentiment on Dick's stock to positive. Canaccord reiterated its Buy rating and $48 price target on Dick's Sporting shares.
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