UPDATE: Deutsche Bank Lowers PT on Big Lots as New CEO Faces Big Opportunity
December 10, 2013 at 11:24 AM EST
In a report published Tuesday, Deutsche Bank analyst Greg Poole reiterated a Hold rating on Big Lots (NYSE: BIG ), but lowered the price target from $38.00 to $32.00. In the report, Deutsche Bank noted, “Given inconsistent traffic, weak sales productivity, and margins well below historical levels, BIG's new CEO