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Enter Symbol:
 
Family Dollar Stores, Inc. (FDO) [hlAlert]

Rating:
Underweight
FDO
down 29.25 %

Family Dollar Stores, Inc. (FDO) downgraded to Underweight with price target $50 by Barclays

Posted on: Friday,  Apr 11, 2014  12:00 AM ET by Barclays

Barclays rated Underweight Family Dollar Stores, Inc. (NYSE: FDO) on 04/11/2014. Previously Barclays rated Equal
Weight Family Dollar Stores, Inc. (NYSE: FDO) on 07/11/2013., when the stock price was $68.73. Since then, Family Dollar Stores, Inc. has lost 18.38% as of 04/11/2014's recent price of $56.10.

Family Dollar Stores, Inc. (Family Dollar) operates a chain of more than 6,600 general merchandise retail discount stores in 44 states, providing consumers with a selection of merchandise in neighborhood stores. The Company?s merchandise assortment includes consumables, home products, apparel and accessories, and seasonal and electronics. The Company?s products include health and beauty aids, packaged food and refrigerated products, home cleaning supplies, housewares, stationery, seasonal goods, apparel and domestics. During the fiscal year ended August 30, 2009 (fiscal 2009), the Company opened 180 stores, closed 96 stores, relocated 10 stores within the same shopping center or market area, and expanded or renovated 41 stores. During fiscal 2009, approximately 20% of the Company?s stores were located in large urban markets (markets with populations above 200,000), and approximately 26% of the Company?s stores were located in small urban markets or suburban areas.

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/11/2014 12:00 AM Sell
None
56.10 50.00
as of 10/17/2014
1 Week up  0.94 %
1 Month up  2.51 %
3 Months down  -27.29 %
1 YTD down  -36.84 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/11/2013 2:25 PM None
None
68.73
4/11/2013 1:25 PM Buy
None
59.97 67.00
6/15/2012 1:25 PM Buy
None
72.30 73.00
3/29/2012 12:25 PM Buy
None
58.76 68.00

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