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Fly News Breaks for June 19, 2018
HIBB
Jun 19, 2018 | 08:04 EDT
Canaccord analyst Camilo Lyon noted Hibbett Sports has been under pressure over the last weeks, but he said the pullback is a buying opportunity as his thesis remains intact. His thesis is predicated on an improving inventory and product pipeline that should result in positive comps and expanding gross margins for the balance of the year. Lyon reiterated his Buy rating and $31 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.