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Enter Symbol:
Rating: PBY

Pep Boys-manny, Moe & Jack (NYSE: PBY) downgraded to Sell by Argus

Tuesday,  Nov 24, 2015  8:25 AM ET by Betsy O'Brien Harrison

Argus downgraded Pep Boys-manny, Moe & Jack (NYSE: PBY) to Sell. Previously
Argus downgraded to Pep Boys-manny, Moe & Jack (NYSE: PBY) to Buy with price target $15 on 06/12/2013, when the stock price was $12.09.

Pep Boys - MM&J is a leading automotive retail and service chain. The Company operates in one industry, the automotive aftermarket. The company is engaged principally in the retail sale of automotive parts, tires and accessories, automotive maintenance and service and the installation of parts. The company's primary operating unit is its SUPERCENTER format. They believe that their unique SUPERCENTER format offers the broadest range of capabilities in the industry.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system

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