UPDATE: Goldman Sachs Upgrades Family Dollar Stores to Buy

Goldman Sachs is out with its report today on Family Dollar Stores (NYSE:

), upgrading FDO to Buy from Neutral. In its report, Goldman Sachs writes, "We are upgrading FDO to Buy from Neutral with 22% upside to our upwardly revised $60, 12-month price target. We are raising our F11E/FY12E/FY13E EPS to $3.09/$3.75/$4.25 from $3.07/$3.60/$4.07, which drives our 12-month price target higher to $60 from $57." Shares of FDO closed Friday at $49.19, up 0.96% from Thursday's close.