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Rite Aid (RAD) Feb. Front-End Comps Flat; Total Drugstore Sales Fell 3.7

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Rite-Aid (RAD) Feb Sales Fall Victim to Choppy Trends, Shift in Flu Season

March 7, 2013 1:22 PM EST

Goldman Sachs today maintained a Neutral rating on Rite-Aid (NYSE: RAD) and raised its price target to $1.85 (from $1.70). This morning Rite-Aid reported light February sales, with noticeable little benefit from the intense flu season. Analysts believe that, while flu incidence remain elevated, the virus... More