Jefferies Downgrades Family Dollar To Hold

Analysts at Jefferies downgraded Family Dollar Stores Inc. FDO from Buy to Hold. The price target for Family Dollar has been lowered from $85 to $76. Family Dollar shares have surged 14.61% over the past 52 weeks, while the S&P 500 index has gained 8.37% in the same period. Family Dollar's shares fell 1.52% to close at $75.14 yesterday.