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Stock Market & Financial Investment News

News Breaks
March 11, 2014
07:28 EDTSWGAY, TGTTarget sued by Swatch over watch designs, Reuters says
Target (TGT) is being sued by Swatch Group (SWGAY) who claim the discount retailer is illegally selling watches that copy its own, according to Reuters, citing the lawsuit. Reference Link
News For TGT;SWGAY From The Last 14 Days
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June 26, 2015
10:00 EDTTGT, SWGAYOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: ARM Holdings (ARMH) downgraded to Underperform from Market Perform at Bernstein... Apogee Enterprises (APOG) downgraded to Market Perform from Outperform at Northland... Atlas Resource Partners (ARP) downgraded to Underperform from Neutral at BofA/Merrill... Bank of the Ozarks (OZRK) downgraded to Hold from Buy at Drexel Hamilton... China Cord Blood (CO) downgraded to Neutral from Buy at Roth Capital... Citizens Financial (CFG) downgraded to Neutral from Buy at Guggenheim... Community Health (CYH) downgraded to Market Perform from Outperform at Raymond James... Eagle Bancorp (EGBN) downgraded to Hold from Buy at Sandler O'Neill... Fifth Street Senior (FSFR) downgraded to Neutral from Buy at UBS... FireEye (FEYE) downgraded to Equal Weight from Overweight at Barclays... Insight Enterprises (NSIT) downgraded to Underperform at Raymond James... Micron (MU) downgraded to Neutral from Buy at Mizuho... SYNNEX (SNX) downgraded to Hold from Buy at Needham... Swatch Group (SWGAY) downgraded to Equal Weight from Overweight at Barclays... Target (TGT) downgraded to Market Perform from Outperform at BMO Capital... Zoetis (ZTS) downgraded to Market Perform from Outperform at BMO Capital.
07:40 EDTTGTTarget downgraded to Market Perform from Outperform at BMO Capital
BMO Capital downgraded Target to Market Perform citing near-term leadership uncertainty at a time when shares are trading near 52 week and all-time highs. BMO Capital's analyst said it was surprised by the announcement that Kathee Tesija, EPV and Chief Merchandising and Supply Chain Officer will transition into an advisory role but does not view it as a disagreement in strategic direction.
05:53 EDTSWGAYSwatch Group downgraded to Equal Weight from Overweight at Barclays
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June 25, 2015
09:03 EDTTGTTarget: Chief Merchandising and Supply Chain Officer to move to advisory role
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08:26 EDTTGTTarget management to meet with Evercore ISI
Field trip to company headquarters to be held in Minneapolis on June 29 hosted by Evercore ISI.
June 24, 2015
10:00 EDTSWGAYOn The Fly: Analyst Upgrade Summary
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05:28 EDTSWGAYSwatch Group upgraded to Hold from Sell at Societe Generale
June 19, 2015
16:24 EDTTGTStocks end week higher after Fed reassures on gradual pace of rate increases
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June 17, 2015
18:14 EDTTGTTarget to eliminate jobs at its corporate headquarters, AP says
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June 16, 2015
19:25 EDTTGTWal-Mart ranks high among millenials, Ad Age says
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08:41 EDTTGTCVS Health deal 'extremely attractive,' says SunTrust
After CVS Health (CVS) agreed to buy Target's (TGT) pharmacies/clinics, SunTrust says that CVS.will benefit strategically and financially from the deal. The firm believes that the deal is capital efficient, provides CVS with an immediate and noticeable presence in several key markets and further rounds out CVS' presence in other geographies. It keeps a Buy rating on the stock.

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