Barclays upgrades PetSmart (PETM) to Overweight from Equal Weight with a price target of $75....

|By:, SA News Editor

Barclays upgrades PetSmart (PETM) to Overweight from Equal Weight with a price target of $75. Analysts with the firm cite the company's improved operating strategy which helped it grow comparable-store sales by 6.5% last quarter while also widening margins.