Rebounding Retail Stock Could Extend Rally
DKSDick's Sporting Goods(DKS) Schaeffers Research·2024-01-02 22:47

Dick's Sporting Goods Inc (NYSE:DKS) stock is trading flat today, down just 0.1% at 146.80,despiteapricetargethikefromD.A.Davidsonto146.80, despite a price-target hike from D.A. Davidson to 183 from $166. Up 40.9% in just the last three months thanks to support from its 20-day moving average, the retail stock has almost fully recovered its mid-August 24.2% plummet. Daily Chart of DKS Since January 2023 With 20-Day Moving Average I ||h' |||||||| ||| Chart courtesy of Refinitiv Eikon The stock's rebound could still have legs, too, as its recent highs co ...