Rite Aid (RAD) Front End Dec. Comps Rose 5.3%

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Rite-Aid (RAD) PT Raised to $9 at Credit Suisse

January 5, 2015 7:43 AM EST

Credit Suisse analyst E. Kelly reiterated an Outperform rating and boosted its price target on Rite-Aid (NYSE: RAD) to $9.00 (from $8.00) noting strong sale trends continued in December.

The analyst noted flu-related OTC helped in the month and Wellness remodels are likely a... More