Dick’s Sporting Goods is Stepping Up Its Sneaker Game
Strong online growth and positive sneaker trends are setting up the sports retailer for future gains, according to Cowen analyst John Kernan. The firm upgraded shares of Dick’s Sporting Goods to OUTPERFORM from MARKET PERFORM, with a price target increase to $50 (from $36).
The Case for Buying Nike Ahead of Earnings
Nike is heading into its earnings report in a position of strength and will likely emerge from COVID-19 with a competitive edge over its rivals, according to a number of Wall Street analysts. Nike delivers its quarterly results on Thursday, and analysts are pumping up their price targets in anticipation of positive near-term performance.