Big Lots (BIG) PT Lowered to $43 at Loop Capital

Loop Capital analyst Anthony Chukumba lowered the price target on Big Lots (NYSE: BIG) to $43.00 (from $48.00) while maintaining a Hold rating.

The analyst shares his disappointment with the Q2 earnings report "...particularly given the robust results posted recently by a number of other retailers and the fact the company returned to positive comparable store sales in the quarter."

He remains sidelined due to the current valuation.

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