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PetSmart (PETM) lands an initiation from Needham at Buy with a lofty $57 price objective....

PetSmart (PETM) lands an initiation from Needham at Buy with a lofty $57 price objective. Analysts see PetSmart boosting its current market share for pet products and services - a contrary view from Wells Fargo's dimmer outlook for the company.
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