Market Overview

UPDATE: Wedbush Raises PT on Fred's on Strong June Sales

Related FRED
Fred's March Sales Hampered by Adverse Weather - Analyst Blog
TJX Up on 21% Dividend Hike - Analyst Blog

In a report published on Thursday, Wedbush analyst Joan Storms raised the price target on Fred's (NASDAQ: FRED) from $14 to $15 and maintained a Neutral rating.

in the report, Wedbush stated, "We remain cautious about improved trends resulting from the company's new three-year Reconfiguration Plan and maintain our NEUTRAL rating."

Fred's closed on Thursday at $17.

Posted-In: Joan Storms WedbushAnalyst Color Price Target Analyst Ratings

 

Most Popular

Related Articles (FRED)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free