Baird, SIG Bench Dick’s Sporting

After a report that Dick’s Sporting Goods (DKS) is considering going private sent the stock higher Thursday, the sporting goods retailer got nailed today by a pair of downgrades. The problem? Valuation Baird cut the stock to neutral from outperform, arguing that its move into the mid $50s “has created a more balanced risk/reward profile.” Susquehanna, [...]