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Fly News Breaks for May 20, 2016
DKS
May 20, 2016 | 08:07 EDT
As previously reported, Morgan Stanley upgraded Dick's Sporting to Equal Weight from Underweight and lowered its price target to $39 from $43. Analyst Simeon Gutman does not believe certain structural risks are priced into shares and is concerned that ROIC will erode given the difference between in-store comps versus square footage growth.
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