Buy the Dip on This Retailer Before Earnings
DKSDick's Sporting Goods(DKS) schaeffersresearch.com·2024-05-22 02:32

Dick's Sporting Goods Inc (NYSE:DKS) was last seen down 2.7% to trade at 188.58,afterWedbushreiteratedits"neutral"ratingandTDCowencutitspricetargetby188.58, after Wedbush reiterated its "neutral" rating and TD Cowen cut its price target by 2 to 224.Thespecialtyretailerhastakena16.6224. The specialty retailer has taken a 16.6% haircut off its April 1 record high of 225.79, but, as contrarian signals mount, could be poised to finish May with a flourish. Dick's is set to report earnings on May 29, before the market opens. After the last eight reports, DKS closed higher in six of the following sessions, including a 15 ...