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Stock Market & Financial Investment News

News Breaks
February 3, 2014
07:01 EDTTGTTarget damage from data breach likely to be limited, says Wells Fargo
Wells Fargo believes that the data breach at Target is likely to cost the retailer hundreds of millions of dollars, not billions of dollars as some on the Street have speculated recently. The firm still expects the company to carry out an "aggressive" share buyback program in 2014, and it keeps an Outperform rating on the stock.
News For TGT From The Last 14 Days
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September 18, 2014
11:01 EDTTGTTarget to hire 70,000 seasonal workers in 2014, CNBC reports
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September 15, 2014
09:59 EDTTGTOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: American Realty (ARCP) initiated with an Overweight at JPMorgan... Athlon Energy (ATHL) initiated with a Buy at KLR Group... Capital Product (CPLP) initiated with a Buy at Jefferies... Continental Resources (CLR) initiated with a Buy at Canaccord... Costco (COST) initiated with a Buy at Citigroup... Infinera (INFN) initiated with an Outperform at Barrington... NRG Yield (NYLD) initiated with an Outperform at RBC Capital... PTC Therapeutics (PTCT) initiated with a Buy at Deutsche Bank... Power Solutions (PSIX) initiated with an Outperform at Northland... ServiceNow (NOW) initiated with an Outperform at William Blair... Target (TGT) initiated with a Neutral at Citigroup... Team (TISI) initiated with a Neutral at Sidoti... VeriFone (PAY) initiated with a Buy at Monness Crespi... Wal-Mart (WMT) initiated with a Neutral at Citigroup... Whiting Petroleum (WLL) initiated with a Buy at Canaccord... Winnebago (WGO) initiated with an Outperform at BMO Capital.
06:11 EDTTGTTarget initiated with a Neutral at Citigroup
Citigroup started shares of Target with a Neutral rating saying the risk/reward is fair with valuation at three year highs. Citi believes Target is taking the right steps to improve execution and set a $66 price target for the stock.
September 9, 2014
16:15 EDTTGTTarget CEO to narrow focus to re-energize 'signature' categories, WSJ says
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13:58 EDTTGTStarbucks, Groupon, OpenTable apps among those to integrate Apple Pay
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