hhgregg (HGG) Shares Rally Following Mid-Day Stifel Nicolaus Upgrade

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Shares of hhgregg (NYSE: HGG) have just surged sharply in mid-day trade Thursday following an intraday upgrade from Stifel Nicolaus' David Schick. The stock is now up 9.5 percent to $12.53.

The analyst now rates hhgregg shares a Buy, up from Hold previously. Schick set a new $15 price target, representing potential upside of about 20 percent from where the stock is currently trading.

For an analyst ratings summary and ratings history on hhgregg click here. For more ratings news on hhgregg click here.

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