Wedbush maintains a Neutral rating on DKS, increasing the price target from $210 to $230. Goldman Sachs analyst Kate McShane said DKS reported solid first-quarter comp trends with balanced growth in transactions and ticket.
Goldman Sachs analyst Kate McShane reiterated a Buy rating on the shares of Dick's Sporting Goods. According to the analyst, the stock gained due to the earnings beat and higher 2024 guidance.
Volatility surged back into the market on Wednesday, with the CBOE Volatility Index (VIX) spiking 9% after hitting nearly three-year lows last week, fueled by fresh upticks in Treasury bond yields.