Credit Suisse Raises Dick's PT From $35 To $45

Credit Suisse said that it recently met with Dick's Sporting Goods Inc.'s DKS management and came away more confident in the company's ability to grow operating margins beyond the high single digit range. “We are raising our price target to $45 (from $35), to reflect that EPS power and potential growth, as we discuss below and inside,” Credit Suisse writes. Dick's Sporting Goods currently trades at $36.56.