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Fly News Breaks for August 17, 2016
DKS
Aug 17, 2016 | 08:05 EDT
BMO Capital analyst Wayne Hood thinks that Dick's reported "strong" Q2 same-store sales growth, and he says that the company's margins and sales should improve going into 2017 as comps ease. Hood predicts that the company will generate EPS growth of around 15% from 2017-2019. He raised his price target on the shares to $65 from $52 and keeps an Outperform rating on the stock.
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