Rite Aid (RAD) August Comps Increased 1.6%, Front-End Comps Increased 0.6%
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Cowen Remains Bullish on Rite Aid (RAD) Following 2Q Sales
September 3, 2015 1:43 PM EDTCowen reiterated an Outperform rating and $12.00 price target on Rite-Aid (NYSE: RAD) following the company's 2Q16 sales report. RAD reported F2Q16 total drugstore sales of $6,602M, representing +1.9% y/y growth. RAD reported total monthly SSS of +1.6%, down compared to +3.9% in August of last... More
