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Fly News Breaks for August 28, 2015
BIG
Aug 28, 2015 | 09:57 EDT
Cantor Fitzgerald analyst Laura Champine said she's "warming up" to Big Lots shares after the company's Q2 earnings beat, noting that its merchandising and other initiatives appear to be driving better same-store sales momentum. Champine raised her price target on the stock to $47 from $45, but maintains a Hold rating, saying she'd like to see further proof of revenue acceleration.
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