UPDATE: Bank of America Raises PO on Dick's Sporting Goods on Strong Holiday Traffic
December 27, 2013 at 09:30 AM EST
In a report published Friday, Bank of America analyst Robert Ohmes raised Dicks Sporting Goods, Inc. (NYSE: DKS ) price objective from $65.00 to $68.00. According to the report, the raise is 18 to 19 times their F16 EPS estimate of $3.60. BofA’s outlook is supported by DKS’s sustainable long-term