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Fly News Breaks for July 19, 2018
BIG
Jul 19, 2018 | 07:19 EDT
Goldman Sachs analyst Christopher Prykull initiated Big Lots with a Buy and $47 price target citing depressed valuation and improving fundamentals. Prykull comments management's brick and mortar strategy will drive accelerating same-store-sales, eCommerce efforts are beginning to show robust growth, and FY18 should be considered as an investment year.
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