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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
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February 12, 2016
09:10 EDTTGTAlibaba names Target's Jodee Kozlak as Global SVP of Human Resources
Alibaba (BABA) announced the appointment of Jodee Kozlak as Global Senior Vice President of Human Resources. Kozlak will be responsible for helping to build Alibaba Group's international leadership team as the company continues to expand globally. Jodee will jointly report to Alibaba Group Deputy Chief People Officer, Jane Jiang and to Alibaba Group President, Michael Evans. Kozlak previously served as Executive Vice President and Chief Human Resources Officer for Target (TGT).
09:01 EDTTGTTarget names Stephanie Lundquist as Chief Human Resources Officer
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February 9, 2016
12:36 EDTTGTWarner Bros. Consumer Products, Mattel announce partnership with Target
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08:34 EDTTGTCVS Health expects Target Pharmacy integration to be completed by end of summer
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