UPDATE: Morgan Stanley Raises PT on Dick's Sporting Goods Following Analyst Day Presentation

In a report published Friday, Morgan Stanley analyst David Gober reiterated an Overweight rating on Dick's Sporting Goods (NYSE: DKS ), and raised the price target from $58.00 to $59.00. In the report, Morgan Stanley noted, “We remain Overweight [on] DKS and are incrementally more positive after the analyst day.