Goldman Bullish On Family Dollar (FDO) Heading Into Q1 Earnings

Family Dollar (NYSE: FDO) will release its 1Q13 earnings report on Thursday, January 3rd before the market opens. Heading into the print, analysts at Goldman Sachs maintained a Buy rating and a price target of $77.00.

"Despite the more challenging industry backdrop, we continue to expect accelerating double-digit EBITDA and EPS growth throughout FY13 as consumers begin to respond to FDO's sales-driving initiatives," said analyst Stephen Grambling.

He sees downside as limited given lower expectations.

For an analyst ratings summary and ratings history on Family Dollar Stores Inc. (NYSE: FDO) click here. For more ratings news on Family Dollar Stores Inc. click here.

Shares of Family Dollar Stores Inc. closed at $62.83 yesterday.

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