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Buckingham sells the rip in Hibbett Sports

Published 11/21/2017, 10:31 AM
© Reuters.  Buckingham sells the rip in Hibbett Sports
NKE
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HIBB
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  • Hibbett Sports (NASDAQ:HIBB) had bounced more than 20% since reporting its Q3 less than a week ago.
  • The e-commerce concerns and Nike (NYSE:NKE) headwinds that had previously roughed up the stock haven't gone anywhere, though, says analyst Eric Tracey, downgrading to Underperform from Neutral.
  • Source: Bloomberg
  • Shares down 6.8% today and 51.5% YTD.
  • Now read: Hibbett Reports Strong Q3 Results And Large Share Repurchases


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