DICK'S Sporting Goods is trading 4.2% down now at $125.25 after Baird downgraded the shares from Outperform to Neutral on September 14, 2026.
- The downgrade followed disappointing second-quarter results and reduced full-year guidance, particularly weakness at Foot Locker.
- Rising Treasury yields, oil prices, and Federal Reserve rate-hike expectations are also weighing on consumer-discretionary stocks.