Jefferies & Co. maintained its ''hold'' rating on discount retailer Family Dollar FDO with a $39 price target.
Family Dollar reported fiscal third-quarter earnings of 77 cents per share and while that beat Street estimates, but fourth-quarter guidance of 46 cents to 51 cents is two cents shy of estimates.
Jefferies said Family Dollar repurchased $56 million of its own shares during the quarter.
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Posted In: Analyst ColorEarningsNewsGuidancePrice TargetPre-Market OutlookMarketsAnalyst RatingsMoversConsumer DiscretionaryGeneral Merchandise StoresJefferies & Co.
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