PetSmart Upgraded to Overweight by Johnson Rice (PETM)

PetSmart Inc. PETM was just upgraded to Overweight over at the boutique investment house, Johnson Rice & Co. Shares of PETM are reacting to the upside; currently, the stock is higher by 1.15%, trading at $29.95. PetSmart, Inc. is a specialty provider of products, services and solutions for the lifetime needs of pets. The company offers a line of products for all the life stages of pets, and offers various pet services, including professional grooming, training, boarding and day camp.