Jefferies Upgrades Winn-Dixie (WINN) to Buy
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Price: $22.50 --0%
Rating Summary:
0 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 13 | New: 15
Rating Summary:
0 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 13 | New: 15
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Jefferies upgraded Winn-Dixie (NASDAQ: WINN) from Hold to Buy and raised their price target from $8.50 to $10.50.
The firm states, "We are upgrading WINN to Buy from Hold as we believe sales trends continue to improve. Indeed, our research, including proprietary surveys and industry sources, suggests IDs could be running over 2%. Cycling the Gulf oil spill, moreover, is also providing a sales lift, perhaps even more than expected, according to our research."
For more ratings news on Winn-Dixie click here and for the rating history of Winn-Dixie click here.
Shares of Winn-Dixie closed at $8.30 yesterday.
The firm states, "We are upgrading WINN to Buy from Hold as we believe sales trends continue to improve. Indeed, our research, including proprietary surveys and industry sources, suggests IDs could be running over 2%. Cycling the Gulf oil spill, moreover, is also providing a sales lift, perhaps even more than expected, according to our research."
For more ratings news on Winn-Dixie click here and for the rating history of Winn-Dixie click here.
Shares of Winn-Dixie closed at $8.30 yesterday.
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