Will This Upgrade Help Big Lots (BIG) Today?

Tickers in this article: BIG

NEW YORK (TheStreet) -- Big Lots  has been upgraded to "outperform" from "market perform" with a $45 price target, FBR Capital Markets said Monday. The firm said the stock should react well to near-term earnings and the upcoming analyst day. 

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Separately, TheStreet Ratings team rates BIG LOTS INC as a Hold with a ratings score of C. The team has this to say about their recommendation:

"We rate BIG LOTS INC (BIG) a HOLD. The primary factors that have impacted our rating are mixed -- some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and weak operating cash flow."

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.