Analysts: Dick’s Faces Near-Term Challenges and 3 More Research Notes to Explore
Dick’s Sporting Goods (NYSE:DKS): Oppenheimer has downgraded Dick’s Sporting Goods to Perform from Outperform, citing recent sales weakness and near-term challenges. The firm lowered its price target for shares to $44 from $56.
Dendreon (NASDAQ:DNDN): Deutsche Bank has downgraded Dendreon to Sell from Hold based on concerns the company’s revenue growth will not outpace cost cuts and increasing debt expense. The firm cut its price target for shares to $1 from $6.
Foot Locker (NYSE:FL): Citigroup views the post-earnings pullback in shares of Foot Locker as a buying opportunity and believes that Foot Locker is managing through a tough environment, adding that share downside is limited. The firm keeps a Buy rating on the stock with a $41 price target.
Bon-Ton Stores (NASDAQ:BONT): After Bon-Ton Stores reported weaker-than-expected results, Buckingham recommends that investors aggressively add to positions, as it believes the company’s fundamentals are intact and the risk/reward attractive. However, the firm lowered its price target on the stock to $20 from $25.