PetSmart Falls 9%
Shares of PetSmart (PETM) are down about 9% this afternoon…with not much news other than a (admittedly very negative) downgrade of the stock by Nomura analyst Aram Rubinson. In a note this morning, Rubinson downgraded PetSmart, which he’d rated as a Buy until last summer, as a Sell, and cut his target price for the [...]
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