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Hood Upgrades Family Dollar (FDO) to OUTPERFORM from MARKET PERFORM

October 6, 2009

Wayne Hood, senior research analyst covering Broadline Retail, has today upgraded Family Dollar (FDO) to an OUTPERFORM rating from MARKET PERFORM.

From Hood's note: "We believe investors are presently struggling to find new ideas with reasonable valuations, above average returns on capital, strong free cash flow yield, and good long-term growth prospects. We see all of these in Family Dollar."

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