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larrybaz

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larrybaz

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Re: RNsidersbuying post# 86758

Wednesday, 05/05/2021 9:50:55 AM

Wednesday, May 05, 2021 9:50:55 AM

Post# of 130197
Big 5 Sporting price target raised to $26 from $19 at Lake Street

TheFlyontheWall.com - May 05 09:11 EDT

Lake Street analyst Mark Smith raised the firm's price target on Big 5 Sporting to $26 from $19 and keeps a Buy rating on the shares following Q1 results that he said were "well above our expectations and management's guidance." Big 5's same-store-sales guidance for Q2 gives him confidence that the strong momentum continues and while demand in certain product categories may slow, Smith thinks overall product demand will remain above pre-COVID levels, he said.

I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.

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