As consumer enthusiasm for active lifestyles drives demand in the sporting goods sector, companies are jockeying for position to capture a larger share of the growing market.
Telsey Advisory Group analyst Joseph Feldman maintained Dick’s Sporting Goods (DKS) with an Outperform and raised the price forecast from $220 to $255. Feldman reaffirmed his bullish stance on Dick’s, saying strong demand for athletic apparel, footwear, fitness, and outdoor gear continues to fuel momentum.
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