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Fly News Breaks for April 12, 2017
DKS
Apr 12, 2017 | 08:30 EDT
Canaccord analyst Camilo Lyon met with the CFO of Dick's Sporting Goods, which reinforced his belief the company is uniquely positioned to continue to gain market share as competitors falter. He noted despite the challenges in the apparel portion of the store, the other parts are performing well. He also believes the slowing square foot growth is a positive given the uncertainty of the retail sector. Lyon reiterated his Buy rating and $67 price target on Dick's Sporting shares.
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