By: Benzinga
UPDATE: Bank of America Lowers PetSmart PO to $80 on Q4 Volatility
In a research report published Thursday, Bank of America maintained its Buy rating on PetSmart (NASDAQ: PETM ) and lowered its price objective from $85 to $80 after the company reported underwhelming sales and EPS. Bank of America said, "PetSmart reported 4Q EPS $0.01 below our forecast, though above guidance,
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