DB - Big Lots Rises 7% on Analyst Upgrades
Big Lots' (NYSE: BIG) share price was getting bigger on Monday, on the heels of two analyst price target upgrades published on Monday.
Peter Keith of Piper Sandler slapped $5 on his level for the discount retailer; it now stands at $39 per share. Keith maintained his overweight (read: buy) recommendation while doing so. His comments and rationale behind the bump were not immediately available.
Meanwhile, over at Deutsche Bank, Paul Trussell made a more dramatic change, boosting his own price target on Big Lots to $31 per share, well up from the previous $19. Despite the leap, Trussell is maintaining his hold recommendation.