Stock Analysts

Rite Aid Upped to Outperform (ABC) (GNC) (HLF) (RAD)

On Jan 30, we upgraded drugstore chain retailer, Rite Aid Corporation ( RAD ) to Outperform based on the company’s impressive performance during the third-quarter of fiscal 2013 and an upbeat guidance. Why the Upgrade? Rite Aid reported earnings of 7 cents a share that fared significantly better than both the year-ago quarter’s loss of 6 cents as well as the Zacks Consensus Estimate of a loss of 4 cents. […]

Stock Analysts

Meredith Reiterated at Neutral (CBS) (MDP) (NWSA) (RUK)

We have maintained our long-term Neutral recommendation on leading media and marketing company, Meredith Corporation ( MDP ), with a target price of $38.00, following its second-quarter fiscal 2013 results. Why Neutral? Meredith posted better-than-expected bottom line results for the second-quarter of fiscal 2013. […]