Barclays Reiterates Overweight Rating on Dick's Sporting Goods (DKS)

Barclays analyst Adrienne Tennant reiterated an Overweight rating and $254.00 price target on Dick's Sporting Goods (NYSE: DKS).

The analyst comments "DKS proving to be best-in-class once again; multi-brand strategy should enable them to outperform in a volatile backdrop. We think DKS's 4Q24 results, in particular a comp of +6.4% and high full-price sales, as evidenced by the beat on GM, are testament to its dominant positioning in the sporting goods space. We have highlighted DKS as a the "next great compound growth retail story." Driving the business through a unique all-in-on House of Sport model with a breadth of in-demand brands, DKS's model will continue to drive market share gains, in our view."

For an analyst ratings summary and ratings history on Dick's Sporting Goods click here. For more ratings news on Dick's Sporting Goods click here.

Shares of Dick's Sporting Goods closed at $211.02 yesterday.

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