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Stock Market & Financial Investment News

News Breaks
February 19, 2014
08:02 EDTTGTTarget 2014 expectations likely too high, says UBS
UBS believes Target will use Q4 results as an opportunity to lower expectations due concerns for Canada regarding run rates, heavy clearance activity, and higher than expected SG&A that will be needed. The firm's CY14 EPS estimate is $3.86, below consensus of $4.20. Shares are Neutral rated with a $61 price target.
News For TGT From The Last 14 Days
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July 18, 2014
18:12 EDTTGTVisa, MasterCard denied bid to dismiss opt-out swipe fee suits, Bloomberg says
Merchants that opted out of the swipe-fee settlement brought their own suits, which Visa (V) and MasterCard (MA) were not approved to dismiss, Bloomberg reports. Merchants such as Target (TGT) and Macy’s (M) pursued their cases after dropping out of an earlier settlement over swipe fees, Bloomberg added. Reference Link

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