Deutsche Bank Upgrades PetSmart To Hold

Analysts at Deutsche Bank upgraded PetSmart PETM from Sell to Hold. The price target for PetSmart has been raised from $60 to $74. PetSmart shares have dropped 1.24% over the past 52 weeks, while the S&P 500 index has gained 14.72% in the same period. PetSmart's shares rose 1.76% to close at $71.64 yesterday.