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Big Lots (BIG): Shares define bullish 'flag' pattern |
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| Jun 05, 2008 02:35 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Earnings reports, Analyst upgrades and downgrades, Technical Analysis, Stocks to Buy Big Lots (NYSE: BIG) is The firm pleased investors last week, when it reported Q1 EPS of 42 cents and revenues of $1.15 billion. Analysts had been expecting 36 cents and $1.14 billion. Management also guided Q2 EPS to 21-25 cents (23 cent consensus) and FY08 EPS to $1.80-$1.90 ($1.78 consensus). Wedbush Morgan subsequently reiterated its "strong buy" rating on the shares and Piper Jaffray upped its recommendation to "buy". Continue reading Big Lots (BIG): Shares define bullish 'flag' pattern Permalink | Email this | Comments<map name="google_ad_map_145-1216814"><area href="http://imageads.googleadservices.com/pagead/imgclick/145-1216814?pos=0" shape="rect" coords="1,2,367,28" /><area href="http://services.google.com/feedback/abg" shape="rect" coords="384,10,453,23" /></map> 
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