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Jefferies Loving the Retail Sector
A retail analyst over at Jefferies & Co. has raised his ratings on several large retailing stocks this morning.
The analyst is upgrading shares of Costco(COST Quote), Home Depot (HD Quote) and Lowes(LOW Quote), believing the names are likely near the trough of the cycle. Best Buy(BBY Quote), Kohl's(KSS Quote) and Target(TGT Quote) were also raised to a buy rating, from what was previously a hold rating. ...
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