By: Benzinga
February 01, 2013 at 14:48 PM EST
UPDATE: Jefferies Reiterates Hold Rating, Raises PT on hhgregg
In a report published Friday, Jefferies reiterated its Hold rating on hhgregg (NYSE: HGG ), and slightly raised its price target from $7.00 to $8.00. Jefferies noted, “We are seeing some capitulation by management in the consumer electronics business that may never be what it used to be during the
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