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Fly News Breaks for July 25, 2017
BIG
Jul 25, 2017 | 05:29 EDT
Deutsche Bank analyst Paul Trussell upgraded Big Lots to Buy and raised his price target for the shares to $56 from $55. The current valuation is "compelling" given the disconnect between the company's "impressive" operating profit growth and multiple, Trussell tells investors in a research note. He sees the company's analyst day in September as a potential catalyst.
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