Pricesmart, Inc. (PSMT) Tops Q4 EPS by 5c

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Benchmark Downgrades PriceSmart (PSMT) to Hold on Valuation following Q4

November 1, 2012 10:39 AM EDT

Benchmark downgraded PriceSmart (NASDAQ: PSMT) from Buy to Hold with a price target of $86.00 (from $80.00) on valuation.

The firm comments, "Despite Colombia and store base continuing to show strong growth, the share price exceeded our prior price target and is in striking... More