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Fly News Breaks for January 10, 2018
HIBB
Jan 10, 2018 | 07:59 EDT
Canaccord analyst Camilo Lyon said the weakness in Hibbett Sports is a buying opportunity, pointing to weather not being an issue as it was for other retailers. Also, the stores do not sell firearms, which was a reason a competitor pointed to as a reason for missing its earnings report, and Hibbett has 9% of its stores in Alabama, which won the college championship and should provide a comp boost to the stores, said Lyon. He reiterated his Buy rating and $20 price target on Hibbett Sports shares.
News For HIBB From the Last 2 Days
HIBB
Apr 24, 2024 | 08:25 EDT
B. Riley analyst Anna Glaessgen raised the firm's price target on Hibbett to $87.50 from $70 and keeps a Neutral rating on the shares after JD Sports Fashion announced an agreement to acquire the company for $87.50 per share in cash.