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Fly News Breaks for March 9, 2016
DKS
Mar 9, 2016 | 08:40 EDT
BMO Capital increased its price target on Dick's after the company reported lower than expected Q4 EPS as its comp sales fell 2.5%. However, the firm thinks that the company's investments will help it gain market share in the wake of the closure of Sprts Authority stores and increase its brand equity this year. BMO keeps an Outperform rating on the shares.
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