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07:52 EDTHGG
theflyonthewall.com: hhgregg initiated at Thomas Weisel
As noted earlier, Thomas Weisel initiated hhgregg with an Overweight rating and $23 target. The firm believes the company is poised to capture higher margin, high-end traffic in the appliances and flat panel TV markets. The firm thinks the company will have long-term competitive threats but it believes the valuation is compelling for a one-year time frame. :theflyonthewall.com



News For HGG From The Last 14 Days
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February 5, 2010
08:23 EDTHGG
theflyonthewall.com: Hhgregg March volatility low at 50 as shares move lower

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07:34 EDTHGG
theflyonthewall.com: hhgregg takes on Baes Buy, WSJ reports
hhgregg (HGG), a Midwest consumer electronics firm, is challenging Best Buy Co. (BBY) by taking advantage of lower rents to grow nationally, reports the Wall Street Journal. The company plans to expand to 600 stores this decade from 127 currently. Reference Link :theflyonthewall.com
06:59 EDTHGG
theflyonthewall.com: On The Fly: Periodicals Wrap-Up

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05:55 EDTHGG
theflyonthewall.com: hhgregg upgraded to Buy from Neutral at Janney Montgomery
Janney Montgomery upgraded hhgregg following the company's Q3 results with a $23 price target. :theflyonthewall.com

February 4, 2010
07:11 EDTHGG
theflyonthewall.com: hhgregg still sees 2010 EPS 90c-$1.00 vs. consensus of $1.00

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07:10 EDTHGG
theflyonthewall.com: hhgregg reports Q3 EPS 57c vs. consensus of 45c
Reports Q3 sales $500.4M vs. consensus of $466.49M. The company's Q3 SASS dropped 0.2%. :theflyonthewall.com