JP Morgan Upgrades FRED To Overweight

by Monica Gerson, Benzinga Staff Writer

February 16, 2011 6:35 AM | 13 seconds read | Make a Comment

Analysts at JP Morgan upgrade Fred's Inc

FRED

from “neutral” to “overweight.” The target price for FRED has been raised from $11 to $17. FRED shares fell 0.85% to close at $12.82 yesterday.

Posted In: Upgrades Price Target Analyst Ratings Consumer Discretionary General Merchandise Stores JP Morgan

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.