 Susquehanna raised the price target on Dicks Sporting Goods amid expectations that 2Q results will outperform. Shares of Dicks Sporting are advancing 2.1 in Tuesdays early market trading.Susquehanna analyst Sam Poser lifted the price target on Dicks Sporting DKS to 59 26.5 upside potential from 55 and maintained a Buy rating on the stock, saying the company should easily beat Street expectations for 2Q results.Poser noted that the recent pre-announcements from HIBB Hibbett Sports and FL Foot Locker are prequels for very strong 2Q20 results from DKS, which are scheduled for August 26.Besides Susquehanna, Goldman analyst Kate McShane increased her price target to 50 7.2 upside potential from 40 on Aug. 4. McShane kept a Buy rating, saying that the stocks 23 rally over the past month is driven by optimism around discretionary retail amid stronger trends in outdoor, fitness and athleisure as consumers look for ways to stay active during COVID. She added that there could be additional upside and increased estimates on Dicks same-store-sales momentum.Currently, the Street has a cautiously optimistic outlook on the stock. The Moderate Buy analyst consensus is based on 7 Buys and 8 Holds. Shares are down 3.4 year-to-date, with the average price target of 44.5 implying downside potential of 4.6. See DKS stock analysis on TipRanks.Related News: American Airlines Shares Lifted By Air Travel Demand Data RBC Raises TripAdvisors PT On Improving Demand Outlook UBS Lifts United Parcels PT On Favorable Pricing Environment More recent articles from Smarter Analyst: American Express In Advanced Talks To Buy Kabbage For 850M - Report Rolls-Royce Discovers Cracks In Some Trent XWB Engines Canada Goose Slips 4 On Depressed 2Q Sales Outlook Casper Sleep Beats 2Q Revenues; Shares Dip Over 10 