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Fly News Breaks for February 27, 2018
HIBB
Feb 27, 2018 | 07:33 EDT
Canaccord analyst Camilo Lyon noted Hibbett Sports preannounced positive Q4 results. Despite solid results and comps, the shares fell, which he thinks is likely due to fear of e-commerce cannibalizing store sales. He does not believe that to be the case as store comps have been under relative pressure all year. Lyon believes the weakness is a buying opportunity and he reiterated his Buy rating and raised his price target to $31 from $30 on Hibbett Sports shares.
News For HIBB From the Last 2 Days
HIBB
Apr 24, 2024 | 09:36 EDT
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.
