Rite Aid (RAD) Reports In-Line Q3 EPS; Eases FY14 EPS Outlook

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Go back to Rite Aid (RAD) Reports In-Line Q3 EPS; Eases FY14 EPS Outlook

Rite-Aid (RAD) Commentary Sinks Shares; Deutsche Bank Maintains Buy

December 20, 2013 10:25 AM EST

Deutsche Bank maintained a Buy rating on Rite-Aid (NYSE: RAD) with a price target of $7.00. Analyst George Hill views the company's Q3 results as inline, though commentary weighed on shares.

"Rite Aid today reported F3Q14 results that were largely in-line with consensus, but promotional commentary and fears weighed on the... More