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Stock Market & Financial Investment News

News Breaks
January 3, 2014
08:37 EDTTGTWall Street unfazed by Target's bad publicity, WSJ reports
In the nearly two weeks since Target said that data from about 40M credit and debit cards were stolen in late November and early December, its stock is roughly where it was at the close of trading on December 18, the day before the breach was announced. The company says the problem has been fixed. So for Target bulls, there wasn't even a dip to buy on. Wall Street analysts' views also remain largely unchanged. They lowered fiscal Q4 estimates by less than half a percent in December, according to FactSet. And while the effects could linger, Wall Street may be right to shrug it off, reports the Wall Street Journal's "Heard on the Street." Reference Link
News For TGT From The Last 14 Days
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April 28, 2015
06:24 EDTTGTSmall lenders object to settlements between card networks merchants, WSJ says
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April 24, 2015
10:00 EDTTGTOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AT&T (T) upgraded to Outperform from Neutral at Macquarie... Alaska Air (ALK) upgraded to Buy from Neutral at Buckingham... Amazon.com (AMZN) upgraded at Raymond James... American Electric (AEP) upgraded to Buy from Hold at Deutsche Bank... Broadridge (BR) upgraded to Buy from Hold at Evercore ISI... Cablevision (CVC) upgraded to Hold from Sell at Brean Capital... Cisco (CSCO) upgraded to Conviction Buy from Buy at Goldman... Core Laboratories (CLB) upgraded to Outperform from Sector Perform at Iberia... Crown Castle (CCI) upgraded to Outperform from Market Perform at Raymond James... Encore Wire (WIRE) upgraded to Buy from Neutral at Sidoti... Gigamon (GIMO) upgraded to Buy from Neutral at DA Davidson... Juniper (JNPR) upgraded on improved outlook at RBC Capital... KPN (KKPNY) upgraded to Buy from Neutral at Goldman... Knight Transportation (KNX) upgraded to Outperform from Market Perform at Avondale... Mattel (MAT) upgraded to Buy from Neutral at Goldman... Microsoft (MSFT) upgraded to Buy from Neutral at Nomura... Premiere Global (PGI) upgraded to Outperform from Market Perform at Raymond James... Quintiles (Q) upgraded to Buy from Hold at Jefferies... Southwestern Energy (SWN) upgraded to Market Perform at Raymond James... TE Connectivity (TEL) upgraded on positive catalysts at SunTrust... Target (TGT) upgraded to Buy from Neutral at BofA/Merrill... TriState Capital (TSC) upgraded to Overweight from Equal Weight at Stephens... United Continental (UAL) upgraded to Buy from Hold at Evercore ISI... Vipshop (VIPS) upgraded to Buy from Hold at HSBC... Vocera (VCRA) upgraded to Buy from Hold at Craig-Hallum.
08:12 EDTTGTTarget upgraded on improving initiatives and consumer at BofA/Merrill
As previously reported, BofA/Merrill upgraded Target to Buy from Neutral. The firm believes Target is well positioned to benefit from an improving middle-income core customer base. BofA/Merrill said customers are responding well to improved assortment and merchandising and expects Target to continue to see increased spending at stores and online as customers trade-up to more expensive items. Price target increased to $92 from $86.
08:03 EDTTGTTarget upgraded to Buy from Neutral at BofA/Merrill
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