JP Morgan Downgrades Big Lot To Neutral

Analysts at JP Morgan downgraded Big Lots

from Overweight to Neutral. The price target for Big Lots has been lowered from $53 to $51. Big Lots shares have jumped 31.37% over the past 52 weeks, while the S&P 500 index has surged 14.81% in the same period. Big Lots' shares rose 2.01% to close at $50.80 on Friday.