- Shares of Big Lots (NYSE:BIG) are on watch after the retailer was upgraded by Citi to a Buy rating.
- The endorsement from Citi is based in part in confidence in the new management lineup at the company.
- Big Lots picked up some steam during the summer. The stock outperformed Five Below, Gordmans Stores, Dollar Tree, Family Dollar, Fred's, and even Target over the last 90 days.