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Analysis: Canada exit and freezers set up Big Lots for gains

Apr. 21, 2014 7:26 AM ETBig Lots, Inc. (BIG) StockBIGBy: Clark Schultz, SA News Editor1 Comment
  • Piper Jaffray upgrades Big Lots (NYSE:BIG) to an Overweight rating from Neutral.
  • The investment firm has a price target of $45 on the closeout retailer.
  • What to like about Big Lots: An exit from Canada by the company sets it up for more buybacks, while the addition of freezers and coolers could drive sales.

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