Buckingham finds a department store chain with promise

|By:, SA News Editor

Buckingham Research upgrades Dillard's (DDS) to a Buy rating in a ratings action that cuts across the grain.

The investment firm lifts its price target on the department store chain to $112 from $93.

DDS has never traded over the $100 level, indicating Buckingham thinks the company has a few tricks up its sleeves.