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Fly News Breaks for May 29, 2019
DKS
May 29, 2019 | 15:02 EDT
Baird analyst Peter Benedict reiterates a Neutral rating and a $36 price target on Dick's Sporting, but acknowledges that the risk/reward is improving. The analyst notes that Q1 EPS beat expectations on stronger sales/gross margin, and prospects for continued sequential improvement "appear good." While Benedict believes some top-line conservatism appears at play, he sees tariffs remaining "a wildcard."