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Fly News Breaks for August 17, 2016
DKS
Aug 17, 2016 | 08:13 EDT
Brean Capital analyst Eric Tracy raised his price target on Dick's Sporting to $64 from $60 following its Q2 beat and raise quarter. The analyst believes guidance has remained conservative and earnings are poised to accelerate meaningfully in 2017. Tracy said he would be a more aggressive buyer on pullbacks and he reiterated his Buy rating on Dick's Sporting shares.
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