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Enter Symbol:
Rating: RAD
Neutral $9

Rite Aid Corporation (NYSE: RAD) downgraded to Neutral with price target $9 by JP Morgan

Friday,  Nov 13, 2015  10:25 AM ET by Lynn Gilbert

JP Morgan downgraded Rite Aid Corporation (NYSE: RAD) to Neutral with price
target $9. Previously, JP Morgan rated Rite Aid Corporation (NYSE: RAD) to Overweight on 02/26/2008, when the stock price was valued at $2.78.

Rite Aid Corporation is a retail drugstore chain in the United States serving customers in numerous states across the country and in the District of Columbia. It operates stores in the majority of the major U.S. metropolitan markets. The company operates in two business segments: the retail drug segment and the pharmacy benefit management segment.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.

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