Rite Aid (RAD) Reports In-Line Q1 EPS; Guides FY14 EPS Below Views

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Rite-Aid (RAD) Investors Are Overlooking Margin Trends

June 21, 2013 10:41 AM EDT

Goldman Sachs maintained a Neutral rating on Rite-Aid (NYSE: RAD) with a modified price target of $2.90 (from $2.60). Analyst Matthew J. Fassler thinks the stock has long term appeal, but noted near-term concerns.

"RAD reported first quarter results that were in line with... More