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Posted June 2, 2015 by FTM Staff Analyst in NEWS
 
 

Barclays Upgrades Big Lots (BIG) to OW

Barclays U.S. Food & Drug Retailing analyst Meredith Adler, upgraded shares of BIG today and maintained it’s price target of $53. She believes shares have pulled back for no apparent reason and at the same time she sees the company making “meaningful progress on its initiatives”.

Of all the analyst covering shares of BIG we have her ranking 4th. Shares of BIG closed at $44.9 and at a price target of $53 that would translate to nearly a 18% return. We’ll be watching how shares of BIG react in today’s trading.

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FTM Staff Analyst

 


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