New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 3, 2014
13:33 EDTTGTAnalyst says Target's valuation looks attractive
Target's (TGT) valuation remains "compelling," Wells Fargo wrote in a note to investors earlier today. WHAT'S NEW: Wells Fargo analyst Matt Nemer lowered his estimates for Target to reflect costs stemming from the data breach during the holiday season, but the analyst thinks the stock's valuation is very attractive at current levels. Moreover, he believes that the data breach will cost the retailer hundreds of millions of dollars, not billions of dollars as some have estimated. Target will still be able to repurchase at least $2 billion of its shares this year, wrote Nemer, adding that the retailer has limited exposure to recent macro economic turbulence overseas, while its customers are mostly middle class. Nemer trimmed his price target on the shares to $62-$66 from $67-$71, but kept an Outperform rating on the stock. PRICE ACTION: In mid-afternoon trading, Target dropped $1.07, or 1.9%, to $55.55
News For TGT From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 13, 2014
07:15 EDTTGTNational Association of Corporate Directors to hold a conference
Subscribe for More Information
October 9, 2014
09:41 EDTTGTBofA/Merrill retail analysts hold an analyst/industry conference call
Subscribe for More Information
08:01 EDTTGTTarget CEO hands-on with Canadian turnaround, Globe and Mail says
Brian Cornell, the new CEO of Target, told The Globe and Mail in an interview that he is taking a hands-on approach to repairing the company’s Canadian business and that he will travel north on a “regular” basis to oversee the turnaround. Reference Link
October 6, 2014
17:23 EDTTGTContainer Store plummets after cutting fiscal 2014 outlook
Subscribe for More Information
07:13 EDTTGTMobile Marketing & Technology Magazine to hold a conference
Mobile Payments Conference is being held in Chicago on October 6-8.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use