Hibbett Poised To Outperform
We are maintaining our long-term Outperform recommendation on Hibbett Sports Inc. (NASDAQ:HIBB) with a target price of $52.00, based on the company’s strong third-quarter 2012 results. Moreover, the company has a Zacks #2 Rank, implying a short-term ‘Buy’ rating on the stock. Driven by strong operational efficiencies and performances in active wear, footwear and licensed [...]
We are maintaining our long-term Outperform recommendation on Hibbett Sports Inc. (NASDAQ:HIBB) with a target price of $52.00, based on the company’s strong third-quarter 2012 results.
Moreover, the company has a Zacks #2 Rank, implying a short-term ‘Buy’ rating on the stock.
Driven by strong operational efficiencies and performances in active wear, footwear and licensed apparels, Hibbett’s earnings for third-quarter 2012 surged approximately 34% to 59 cents per share. The quarterly earnings … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards