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Fred's, Inc. (FRED) [hlAlert]

Rating:
Buy FRED
down 33.11 %

Fred's, Inc. (FRED) upgraded to Buy with price target $15 by Deutsche Bank

Posted on: Friday,  Jul 19, 2013  1:25 PM ET by Deutsche Bank

Deutsche Bank rated Buy Fred's, Inc. (NASDAQ: FRED) on 07/19/2013. Previously Deutsche Bank rated Sell Fred's, Inc. (NASDAQ: FRED) on 09/15/2011.,
when the stock price was $11.35. Since then, Fred's, Inc. has gained 49.52% as of 07/19/2013's recent price of $16.97.
If you would have followed the previous Deutsche Bank's recommendation on FRED, you would have lost 33.11% of your investment in 673 days.

Fred's, Inc. operates discount general merchandise stores in a number states in the southeastern United States. Fred's stores generally serve low, middle and fixed income families located in small to medium sized towns. The majority of the company's stores have full service pharmacies. The company also markets goods and services to franchised ``Fred's`` stores.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/19/2013 1:25 PM Buy
None
16.97 15.00
as of 12/13/2013
1 Week down  -0.40 %
1 Month up  6.61 %
3 Months up  6.28 %
1 YTD down  -26.85 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/15/2011 1:25 PM Sell
None
11.35 9.00

(*) Stock Price at the time of the recommendation.
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