Soleil Securities Upgrades Jo-Ann Stores (JAS) to Buy
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Soleil Securities upgrades Jo-Ann Stores (NYSE: JAS) from Hold to Buy with a $30 price target, saying strong fundamentals continue with market share gains in both crafts and fabric.
Soleil is raising FY09 EPS estimates to $1.20 from $1.00.
Jo-Ann Stores, Inc. operates as a specialty retailer of crafts in the United States.
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