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Stock Market & Financial Investment News

News Breaks
January 9, 2013
06:17 EDTFDOFamily Dollar downgraded to Sector Perform from Outperform at RBC Capital
RBC Capital downgraded Dollar General (DG) and Family Dollar (FDO) to Sector Perform to reflect an increased promotional environment, tobacco competition, less profitable sales mix, impact from rising payroll taxes, and lower government subsidies. The firm lowered Dollar General's price target to $49 from $54 and Family Dollar's to $63 from $67.
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