Dick's Sporting Goods rises after BTIG initiates with 'buy'

Dicks Sporting Goods

16/04/2026 14:41

** Shares of sportswear retailer Dick's Sporting Goods DKS.N up 3% at $223.95

** BTIG initiates coverage with "buy" rating

** Brokerage expects "laser focus" on the execution of its core Dick's business, which is enjoying strong momentum

** Adds that Dick's acquisition of Foot Locker is a meaningful and strategic milestone, can help contribute to earnings in coming years

** 13 of 28 brokerages rate the stock "buy" or higher, 14 "hold" and 1 "sell" or lower; their median PT is $245- data compiled by LSEG

** Including session moves, stock down ~17% YTD

 (Reporting by Koyena Das from Bengaluru)

 ((Koyena.das@thomsonreuters.com))