Goldman Sachs Comments on Dick's Sporting Goods

Goldman Sachs has published a research report on Dick's Sporting Goods DKS. In the report, Goldman Sachs wrote, "Another tepid top line and lower sales guidance will likely concern investors, but we are intrigued that sales trends accelerated through the quarter; it will be important to note management's comments on August, as the tenor of its lower sales guidance seems precautionary, rather than reactive." Goldman Sachs rated Dick's a Buy with a price target not given pending further review. Dick's Sporting Goods closed Monday at $32.92.
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Posted In: Analyst ColorAnalyst RatingsConsumer DiscretionaryGoldman SachsSpecialty Stores
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