Rite Aid (RAD) Misses Q2 EPS by 2c

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Rite-Aid (RAD) PT Lowered to $2 at Loop Capital

September 29, 2017 6:08 AM EDT

Loop Capital lowered estimates and its price target on Rite-Aid (NYSE: RAD) to $2.00 (from $2.50) while maintaining a Hold rating.

Analyst Andrew Wolf noted the Q2 miss was related to reimbursement pressure.

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