Jefferies Maintians "Hold" Rating On Family Dollar

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.