Equity research firm, Oppenheimer downgraded Dick’s Sporting Goods (NYSE: DKS) to a “market-perform” from a “outperform”, citing continuation of weak sales trend and certain “acute products issues” which the company will have to pay attention to. The price target on the stock was slashed to $44 from $56. Earlier on Wednesday, Deutsche Bank reiterated a [...]
Shares of Canadian Solar Inc. (NASDAQ: CSIQ) slumped about 11% after the company reported that its losses in the fiscal fourth quarter widened as it shipped fewer number of solar modules. Since last one year, Canadian Solar’s top line has felt the pinch in the backdrop of lackluster demand for its solar panel and equipment. [...]
Shares of Dick’s Sporting Goods Inc. (NYSE: DKS), a sporting goods retailer offering an assortment of brand name sporting goods equipment, apparel and footwear, are climbing in trading today. At last check, DKS shares were trading 4.05% higher at $50.67 on above average volume of 1.24 million. The stock hit an intra-day high of $51.78. [...] |
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