Deutsche Bank Says RadioShack (RSH) Margins have Leveled off.

February 27, 2013 1:20 PM EST
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Price: $0.24 --0%

Rating Summary:
    0 Buy, 10 Hold, 6 Sell

Rating Trend: = Flat

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    Up: 35 | Down: 31 | New: 11
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Deutsche Bank today maintained a Hold rating on RadioShack Corp. (NYSE: RSH) and raised its price target to $2.50 (from $2.25).

Analyst Mike Baker said, "RSH perseveres through difficult times as it copes with weaker sales and margins. But we do think they are taking the right steps including exiting the Target business. Gross margin declines also appear to have leveled off."

For an analyst ratings summary and ratings history on RadioShack Corp. (NYSE: RSH) click here. For more ratings news on RadioShack Corp. click here.

Shares of RadioShack Corp. closed at $3.06 yesterday.

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