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Fly News Breaks for June 28, 2016
DKS
Jun 28, 2016 | 05:36 EDT
Goldman Sachs analyst Stephen Tanal upgraded Dick's Sporting Goods to Conviction Buy saying closure of the Sports Authority stores shortly after the July 15 sale hearing should boost investor confidence in the shares. Dick's is best positioned to benefit from store closures, Tanal tells investors in a research note. He points out his $53 price target represents 28% upside from current levels.
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