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MW: Family Dollar surges on analyst upgrade
 
By Sarah Pringle
SAN FRANCISCO (MarketWatch) -- Family Dollar FDO +6.19% shares climbed Thursday by as much as 5%, boosted by increased financial targets by MKM Partners Analyst Patrick McKeever, who raised his earnings per share estimate by $0.02 above consensus. The discount retailer's gains marked a new 52-week high for the stock at $73.93 a share. Over the past 12 months shares of Family Dollar have jumped 40%. Home Depot HD +2.02% was among other retailers making headway and the top percentage leader on the Dow Jones Industrial Average DJIA +0.90% Thursday, rising by as much as 2.3% to $52.1. The home improvement retailer has seen a 50% increase in its stock price over the previous 12 months.
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