Target Corp. (NYSE: TGT), Silicon Image, Inc. (NASDAQ: SIMG), Southwestern Energy (NYSE: SWN), Teradata Co. (NYSE: TDC), CIGNA Co. (NYSE: CI) and Core Labs (NYSE: CLB) had ratings and price targets on them adjusted by analysts.
Silicon Image, Inc. (SIMG) had its “Buy” rating reiterated by Needham & Company.
Target Corp. (TGT) had its “Hold” rating reiterated by Jefferies Group (NYSE:JEF).
Credit Suisse (NYSE:CS) initiated coverage on Southwestern Energy (SWN). They placed an “Underperform” rating and a price target of $28.00 on the company.
FBN Securities initiated coverage on Teradata Co. (TDC). They placed an “Outperform” rating and a price target of $60.00 on the company.
CIGNA Co. (CI) had its price target lowered by Deutsche Bank (NYSE:DB) to $61.00.
Core Labs (CLB) had its price target raised by FBR Capital from $115.00 to $128.00. They have a “Market Perform” rating on the company.
Showing posts with label Target. Show all posts
Showing posts with label Target. Show all posts
Monday, February 6, 2012
Wednesday, January 11, 2012
Cubist (CBST) (CELG) (COG) (LIFE) (SCSC) (TGT) Ratings Reiterated
Cubist Pharmaceuticals, Inc. (NASDAQ: CBST), Celgene (NASDAQ: CELG), Cabot Oil & Gas (NYSE: COG), Life Technologies Corporation (NASDAQ: LIFE), ScanSource, Inc. (NASDAQ: SCSC) and Target Corp. (NYSE: TGT) had ratings on them reiterated by analysts.
Jefferies Group (NYSE:JEF) reiterated its "Buy" rating on Cubist Pharmaceuticals, Inc. (CBST). They have a price target of $48.00 on the company.
Jefferies Group reiterated its "Buy" rating on Celgene (CELG). They have a price target of $78.00 on the company.
Canaccord Genuity reiterated its "Buy" rating on Cabot Oil & Gas (COG).
Oppenheimer reiterated its "Outperform" rating on Life Technologies Corporation (LIFE). They have a price target of $58.00 on the company.
KeyBanc reiterated its "Buy" rating on ScanSource, Inc. (SCSC).
ISI Group reiterated its "Buy" rating on Target Corp. (TGT). They have a price target of $57.00 on the company.
Jefferies Group (NYSE:JEF) reiterated its "Buy" rating on Cubist Pharmaceuticals, Inc. (CBST). They have a price target of $48.00 on the company.
Jefferies Group reiterated its "Buy" rating on Celgene (CELG). They have a price target of $78.00 on the company.
Canaccord Genuity reiterated its "Buy" rating on Cabot Oil & Gas (COG).
Oppenheimer reiterated its "Outperform" rating on Life Technologies Corporation (LIFE). They have a price target of $58.00 on the company.
KeyBanc reiterated its "Buy" rating on ScanSource, Inc. (SCSC).
ISI Group reiterated its "Buy" rating on Target Corp. (TGT). They have a price target of $57.00 on the company.
Monday, January 9, 2012
F5 (FFIV) (FII) (TGT) (MON) (HAS) (ICE) Price Targets Changed
F5 Networks (NASDAQ: FFIV), Fed Investors (NYSE: FII), Target Corp. (NYSE: TGT), Monsanto Co. (NYSE: MON), Hasbro, Inc. (NYSE: HAS) and IntercontinentalExchange (NYSE: ICE) had price targets on them adjusted by analysts.
F5 Networks (FFIV) had its price target raised by Barclays Capital (NYSE:BCS) from $120.00 to $125.00. They have an “Overweight” rating on the company.
Fed Investors (FII) had its price target lowered by Barclays Capital from $18.00 to $16.00. They have an “Equal Weight” rating on the company.
Target Corp. (TGT) had its price target lowered by JPMorgan Chase & Co. (NYSE:JPM) to $55.00.
Monsanto Co. (MON) had its price target raised by Goldman Sachs to $90.00.
Hasbro, Inc. (HAS) had its price target lowered by Stifel Nicolaus from $43.00 to $41.00. They have a “Buy” rating on the company.
IntercontinentalExchange (ICE) had its price target lowered by Barclays Capital from $155.00 to $132.00. They have an “Overweight” rating on the company.
F5 Networks (FFIV) had its price target raised by Barclays Capital (NYSE:BCS) from $120.00 to $125.00. They have an “Overweight” rating on the company.
Fed Investors (FII) had its price target lowered by Barclays Capital from $18.00 to $16.00. They have an “Equal Weight” rating on the company.
Target Corp. (TGT) had its price target lowered by JPMorgan Chase & Co. (NYSE:JPM) to $55.00.
Monsanto Co. (MON) had its price target raised by Goldman Sachs to $90.00.
Hasbro, Inc. (HAS) had its price target lowered by Stifel Nicolaus from $43.00 to $41.00. They have a “Buy” rating on the company.
IntercontinentalExchange (ICE) had its price target lowered by Barclays Capital from $155.00 to $132.00. They have an “Overweight” rating on the company.
Friday, January 6, 2012
Spartan (SPAR) (SCVL) (RT) (TGT) (TCP) (TKPPY) Ratings, Price Target
Spartan Motors, Inc. (NASDAQ: SPAR), Shoe Carnival (NASDAQ: SCVL), Ruby Tuesday (NYSE: RT), Target Corp. (NYSE: TGT), TC Pipelines, LP (NYSE: TCP) and Technip (NASDAQ: TKPPY) ratings and price targets.
Shoe Carnival (SCVL) is now covered by Standpoint Research. They have a “buy” rating and a price target of $30.00 on the company.
Spartan Motors, Inc. (SPAR) is now covered by Sidoti. They have a “buy” rating on the company.
Ruby Tuesday (RT) had its price target lowered by Morgan Keegan to $9.50.
Target Corp. (TGT) had its price target lowered by JPMorgan Chase & Co. (NYSE:JPM) to $55.00.
TC Pipelines, LP (TCP) was downgraded by Morgan Stanley (NYSE:MS) from an “equal weight” rating to an “underweight” rating.
Technip (TKPPY) was downgraded by Societe Generale from a “buy” rating to a “hold” rating.
Shoe Carnival (SCVL) is now covered by Standpoint Research. They have a “buy” rating and a price target of $30.00 on the company.
Spartan Motors, Inc. (SPAR) is now covered by Sidoti. They have a “buy” rating on the company.
Ruby Tuesday (RT) had its price target lowered by Morgan Keegan to $9.50.
Target Corp. (TGT) had its price target lowered by JPMorgan Chase & Co. (NYSE:JPM) to $55.00.
TC Pipelines, LP (TCP) was downgraded by Morgan Stanley (NYSE:MS) from an “equal weight” rating to an “underweight” rating.
Technip (TKPPY) was downgraded by Societe Generale from a “buy” rating to a “hold” rating.
Thursday, December 8, 2011
Target (TGT) (TRV) (WMT) (AHL) (AL) (ALL) Get New Coverage
Target Corp. (NYSE: TGT), The Travelers Companies, Inc. (NYSE: TRV), Wal-Mart Stores Inc. (NYSE: WMT), Aspen Insurance (NYSE: AHL), Air Lease Corp. (NYSE: AL) and Allstate (NYSE: ALL) getting new coverage from analysts.
UBS AG (NYSE:UBS) initiated coverage on Target Corp. (TGT). They placed a “Buy” rating and a price target of $64.00 on the company.
Credit Suisse (NYSE:CS) initiated coverage on The Travelers Companies, Inc. (TRV). They placed an “Outperform” rating on the company.
UBS AG initiated coverage on Wal-Mart Stores Inc. (WMT). They placed a “Neutral” rating and a price target of $59.00 on the company.
Credit Suisse initiated coverage on Aspen Insurance (AHL). They placed an “Outperform” rating on the company.
Guggenheim initiated coverage on Air Lease Corp. (AL). They placed a “Neutral” rating on the company.
Credit Suisse initiated coverage on Allstate (ALL). They placed an “Outperform” rating on the company.
UBS AG (NYSE:UBS) initiated coverage on Target Corp. (TGT). They placed a “Buy” rating and a price target of $64.00 on the company.
Credit Suisse (NYSE:CS) initiated coverage on The Travelers Companies, Inc. (TRV). They placed an “Outperform” rating on the company.
UBS AG initiated coverage on Wal-Mart Stores Inc. (WMT). They placed a “Neutral” rating and a price target of $59.00 on the company.
Credit Suisse initiated coverage on Aspen Insurance (AHL). They placed an “Outperform” rating on the company.
Guggenheim initiated coverage on Air Lease Corp. (AL). They placed a “Neutral” rating on the company.
Credit Suisse initiated coverage on Allstate (ALL). They placed an “Outperform” rating on the company.
Wednesday, December 7, 2011
Target (TGT) (TAL) (TEVA) (TGT) (AZO) (BNS) Ratings, Price Target
Target Corp. (TGT), TAL International Group, Inc. (TAL), Teva Pharmaceutical Industries Ltd (TEVA), Target Corp. (TGT), AutoZone, Inc. (AZO) and Bank of Nova Scotia (BNS) ratings and price targets.
Sterne Agee reiterated its “Buy” on TAL International Group, Inc. (TAL). They have a price target of $44.00 on the company.
Deutsche Bank (NYSE:DB) reiterated its “Buy” rating on Teva Pharmaceutical Industries Ltd (TEVA). They have a price target of $46.00 on the company.
UBS AG (NYSE:UBS) initiated coverage on Target Corp. (TGT). They placed a “Buy” rating on the company.
Goldman Sachs (NYSE:GS) raised its price target on AutoZone, Inc. (AZO) to $341.00.
Canaccord Genuity downgraded Bank of Montreal (BMO) from a “Buy” rating to a “Hold” rating.
RBC Capital upgraded Bank of Nova Scotia (BNS) from a “Sector Perform” rating to an “Outperform” rating.
Sterne Agee reiterated its “Buy” on TAL International Group, Inc. (TAL). They have a price target of $44.00 on the company.
Deutsche Bank (NYSE:DB) reiterated its “Buy” rating on Teva Pharmaceutical Industries Ltd (TEVA). They have a price target of $46.00 on the company.
UBS AG (NYSE:UBS) initiated coverage on Target Corp. (TGT). They placed a “Buy” rating on the company.
Goldman Sachs (NYSE:GS) raised its price target on AutoZone, Inc. (AZO) to $341.00.
Canaccord Genuity downgraded Bank of Montreal (BMO) from a “Buy” rating to a “Hold” rating.
RBC Capital upgraded Bank of Nova Scotia (BNS) from a “Sector Perform” rating to an “Outperform” rating.
Wednesday, November 30, 2011
Target (TGT) (BBY) (BIG) (TDS) (TFM) (BJRI) Ratings Reiterated
Target Corp. (NYSE: TGT), Best Buy Co., Inc. (NYSE: BBY), Big Lots, Inc. (NYSE: BIG), Telephone & Data Systems, Inc. (NYSE: TDS), The Fresh Market Inc. (NYSE: TFM) and BJ’s Restaurants, Inc. (NASDAQ: BJRI) had ratings on them reiterated by analysts.
Jefferies (NYSE:JEF) reiterated its "Hold" rating on Target Corp. (TGT).
Morgan Stanley (NYSE:MS) reiterated its "Buy" rating on Best Buy Co., Inc. (BBY).
Deutsche Bank (NYSE:DB) reiterated its "Buy" rating on Big Lots, Inc. (BIG). They have a price target of $46.00 on the company.
Gabelli reiterated its "Buy" rating on Telephone & Data Systems, Inc. (TDS).
Deutsche Bank reiterated its "Hold" rating on The Fresh Market Inc. (TFM). They have a price target of $33.00 on the company.
Wedbush reiterated its "Neutral" rating on BJ’s Restaurants, Inc. (BJRI). They have a price target of $45.00 on the company.
Jefferies (NYSE:JEF) reiterated its "Hold" rating on Target Corp. (TGT).
Morgan Stanley (NYSE:MS) reiterated its "Buy" rating on Best Buy Co., Inc. (BBY).
Deutsche Bank (NYSE:DB) reiterated its "Buy" rating on Big Lots, Inc. (BIG). They have a price target of $46.00 on the company.
Gabelli reiterated its "Buy" rating on Telephone & Data Systems, Inc. (TDS).
Deutsche Bank reiterated its "Hold" rating on The Fresh Market Inc. (TFM). They have a price target of $33.00 on the company.
Wedbush reiterated its "Neutral" rating on BJ’s Restaurants, Inc. (BJRI). They have a price target of $45.00 on the company.
Monday, November 21, 2011
Target (TGT) (TFM) (TNP) (TSLA) (TWX) Ratings, Price Targets
Target Corp. (TGT), The Fresh Market Inc. (TFM), Tsakos Energy Navigation (TNP), Tesla Motors Inc. (TSLA) and Time Warner Inc. (TWX) ratings and price targets.
JPMorgan Chase & Co. (NYSE:JPM) reiterated its “Overweight” rating on The Fresh Market Inc. (TFM). They have a price target of $55.00 on the company.
JPMorgan Chase & Co. downgraded Target Corp. (TGT) from an
“Overweight” rating to a “Neutral” rating. They have a price target of $58.00 on the company.
Jefferies (NYSE:JEF) reiterated its “Buy” rating on Tsakos Energy Navigation (TNP).
Bank of America (NYSE:BAC) reiterated its “Buy” on Tesla Motors Inc. (TSLA). They have a price target of $36.00 on the company.
Wedbush lowered its price target on Time Warner Inc. (TWX) to $37.00.
JPMorgan Chase & Co. (NYSE:JPM) reiterated its “Overweight” rating on The Fresh Market Inc. (TFM). They have a price target of $55.00 on the company.
JPMorgan Chase & Co. downgraded Target Corp. (TGT) from an
“Overweight” rating to a “Neutral” rating. They have a price target of $58.00 on the company.
Jefferies (NYSE:JEF) reiterated its “Buy” rating on Tsakos Energy Navigation (TNP).
Bank of America (NYSE:BAC) reiterated its “Buy” on Tesla Motors Inc. (TSLA). They have a price target of $36.00 on the company.
Wedbush lowered its price target on Time Warner Inc. (TWX) to $37.00.
Friday, November 18, 2011
Target (TGT) (MU) (PETM) (NTES) (SIMO) (PETM) Ratings, Price Targets
Target Corp. (NYSE: TGT), Micron Technology, Inc. (NYSE: MU), Petsmart Inc. (NASDAQ: PETM), Netease.com Inc. (NASDAQ: NTES), Silicon Motion Technology Corp. (NASDAQ: SIMO) and Petsmart Inc. (NASDAQ: PETM) ratings and price targets.
Target Corp. (TGT) had its price target raised by Piper Jaffray (NYSE:PJC) to $63.00.
Micron Technology, Inc. (MU) was given a reiterated “Overweight” rating by Piper Jaffray. They have a price target of $8.00 on the company.
Petsmart Inc. (PETM) had its price target raised by Piper Jaffray to $55.00.
Netease.com Inc. (NTES) had its price target raised by Piper Jaffray to $66.00.
Silicon Motion Technology Corp. (SIMO) had its price target raised by Lazard Capital to $22.00.
Petsmart Inc. (PETM) had its price target raised by RBC Capital from $50.00 to $53.00. They have an “Outperform” rating on the company.
Target Corp. (TGT) had its price target raised by Piper Jaffray (NYSE:PJC) to $63.00.
Micron Technology, Inc. (MU) was given a reiterated “Overweight” rating by Piper Jaffray. They have a price target of $8.00 on the company.
Petsmart Inc. (PETM) had its price target raised by Piper Jaffray to $55.00.
Netease.com Inc. (NTES) had its price target raised by Piper Jaffray to $66.00.
Silicon Motion Technology Corp. (SIMO) had its price target raised by Lazard Capital to $22.00.
Petsmart Inc. (PETM) had its price target raised by RBC Capital from $50.00 to $53.00. They have an “Outperform” rating on the company.
Teva (TEVA) (SIMO) (TGT) (TSON) (YOKU) (GWW) Price Targets Changed
Teva Pharmaceutical Industries Ltd (NASDAQ: TEVA), Silicon Motion Technology Corp. (NASDAQ: SIMO), Target Corp. (NYSE: TGT), TranS1 Inc. (NASDAQ: TSON), Youku.com Inc. (NASDAQ: YOKU) and W.W. Grainger, Inc. (NYSE: GWW) had their price targets adjusted by analysts.
Teva Pharmaceutical Industries Ltd (TEVA) had its price target lowered by Deutsche Bank (NYSE:DB) to $46.00. They have a “Buy” rating on the company.
Silicon Motion Technology Corp. (SIMO) had its price target raised by Needham & Company from $22.00 to $25.00. They have a “Buy” rating on the company.
Target Corp. (TGT) had its price target raised by Goldman Sachs (NYSE:GS) to $60.00.
TranS1 Inc. (TSON) had its price target lowered by McNicoll Lewis & Vlak to $4.00.
Youku.com Inc. (YOKU) had its price target lowered by Piper Jaffray (NYSE:PJC) to $22.00.
W.W. Grainger, Inc. (GWW) had its price target raised by Barclays Capital from $183.00 to $195.00. They have an “Overweight” rating on the company.
Teva Pharmaceutical Industries Ltd (TEVA) had its price target lowered by Deutsche Bank (NYSE:DB) to $46.00. They have a “Buy” rating on the company.
Silicon Motion Technology Corp. (SIMO) had its price target raised by Needham & Company from $22.00 to $25.00. They have a “Buy” rating on the company.
Target Corp. (TGT) had its price target raised by Goldman Sachs (NYSE:GS) to $60.00.
TranS1 Inc. (TSON) had its price target lowered by McNicoll Lewis & Vlak to $4.00.
Youku.com Inc. (YOKU) had its price target lowered by Piper Jaffray (NYSE:PJC) to $22.00.
W.W. Grainger, Inc. (GWW) had its price target raised by Barclays Capital from $183.00 to $195.00. They have an “Overweight” rating on the company.
Thursday, November 17, 2011
Target (TGT) (BRCD) (TGI) (ANF) (TXN) (AMAT) Ratings Reiterated
Target Corp. (NYSE: TGT), Brocade Communications Systems, Inc. (NASDAQ: BRCD), Triumph Group, Inc. (NYSE: TGI), Abercrombie & Fitch (NYSE: ANF), Texas Instruments (NYSE: TXN) and Applied Materials, Inc. (NASDAQ: AMAT) had ratings on them reiterated by analysts.
Goldman Sachs (NYSE:GS) reiterated its "Buy" rating on Target Corp. (TGT).
Wunderlich reiterated its "Buy" rating on Brocade Communications Systems, Inc. (BRCD). They have a price target $6.00 on the company.
Deutsche Bank (NYSE:DB) reiterated its "Buy" rating on Triumph Group, Inc. (TGI). They have a price target of $70.00 on the company.
Oppenheimer reiterated its "Outperform" rating on Abercrombie & Fitch (ANF).
JPMorgan Chase & Co. (NYSE:JPM) reiterated its "Buy" rating on Texas Instruments (TXN). They have a price target of $35.00 on the company.
Piper Jaffray (NYSE:PJC) reiterated its "Overweight" rating on Applied Materials, Inc. (AMAT). They have a price target of $15.00 on the company.
Goldman Sachs (NYSE:GS) reiterated its "Buy" rating on Target Corp. (TGT).
Wunderlich reiterated its "Buy" rating on Brocade Communications Systems, Inc. (BRCD). They have a price target $6.00 on the company.
Deutsche Bank (NYSE:DB) reiterated its "Buy" rating on Triumph Group, Inc. (TGI). They have a price target of $70.00 on the company.
Oppenheimer reiterated its "Outperform" rating on Abercrombie & Fitch (ANF).
JPMorgan Chase & Co. (NYSE:JPM) reiterated its "Buy" rating on Texas Instruments (TXN). They have a price target of $35.00 on the company.
Piper Jaffray (NYSE:PJC) reiterated its "Overweight" rating on Applied Materials, Inc. (AMAT). They have a price target of $15.00 on the company.
Friday, September 2, 2011
Valero (VLO) (CBOE) (TXN) (CIEN) (TGT) (DFS) Estimates Changed
Valero (NYSE:VLO), CBOE Holdings (NASDAQ:CBOE), Texas Instruments (NYSE:TXN), Ciena (NASDAQ:CIEN), Target (NYSE:TGT) and Discover Financial (NYSE:DFS) had estimates adjusted by analysts.
Morgan Stanley (NYSE:MS) raised its estimates on Valero (VLO) estimatesthrough 2013. They have an "Equal-weight" rating and price target of $29 on the company.
BMO increased its estimates on CBOE Holdings (CBOE) through 2011. They reiterated a "Market Perform" rating and price target of $24 on the company.
JMP cut its estimates on Texas Instruments (TXN) through 2012. They have a "Market Perform" rating on the company.
Citigroup (NYSE:C) raised its estimates on Ciena (CIEN). They have a "Buy" rating and price target of $18 on the company.
JP Morgan (NYSE:JPM) lowered its estimates on Target (TGT). They have an "Overweight" rating and price target of $58 on the company.
Credit Suisse (NYSE:CS) boosted its estimates on Discover Financial (DFS) through 2013. They have a "Neutral" rating and price target of $28 on the company.
Morgan Stanley (NYSE:MS) raised its estimates on Valero (VLO) estimatesthrough 2013. They have an "Equal-weight" rating and price target of $29 on the company.
BMO increased its estimates on CBOE Holdings (CBOE) through 2011. They reiterated a "Market Perform" rating and price target of $24 on the company.
JMP cut its estimates on Texas Instruments (TXN) through 2012. They have a "Market Perform" rating on the company.
Citigroup (NYSE:C) raised its estimates on Ciena (CIEN). They have a "Buy" rating and price target of $18 on the company.
JP Morgan (NYSE:JPM) lowered its estimates on Target (TGT). They have an "Overweight" rating and price target of $58 on the company.
Credit Suisse (NYSE:CS) boosted its estimates on Discover Financial (DFS) through 2013. They have a "Neutral" rating and price target of $28 on the company.
Friday, August 19, 2011
Target (TGT) (BCSI) (FLO) (BWA) (NTAP) (DAN) Price Targets Changed
Target Corp. (NYSE: TGT), Blue Coat (NASDAQ: BCSI), Flowers Foods, Inc. (NYSE: FLO), BorgWarner Inc (NYSE: BWA), NetApp Inc. (NASDAQ: NTAP) and Dana Holding Co. (NYSE: DAN) price targets adjusted by analysts.
Target Corp. (TGT) had its price target raised by Piper Jaffray (NYSE:PJC) to $60.00. They have an “Overweight” rating on the company.
Blue Coat (BCSI) had its price target lowered by UBS AG (NYSE:UBS) from $23.00 to $14.00. They have a “Neutral” rating on the company.
Flowers Foods, Inc. (FLO) had its price target lowered by Longbow Research from $26.00 to $24.00. They have a “Buy” rating on the company.
BorgWarner Inc. (BWA) had its price target lowered by Barclays Capital from $92.00 to $89.00. They have an “Equal Weight” rating on the company.
NetApp Inc. (NTAP) had its price target lowered by Barclays Capital from $68.00 to $52.00. They have an “Overweight” rating on the company.
Dana Holding Co. (DAN) had its price target lowered by Barclays Capital from $25.00 to $23.00. They have an “Overweight” rating on the company.
Target Corp. (TGT) had its price target raised by Piper Jaffray (NYSE:PJC) to $60.00. They have an “Overweight” rating on the company.
Blue Coat (BCSI) had its price target lowered by UBS AG (NYSE:UBS) from $23.00 to $14.00. They have a “Neutral” rating on the company.
Flowers Foods, Inc. (FLO) had its price target lowered by Longbow Research from $26.00 to $24.00. They have a “Buy” rating on the company.
BorgWarner Inc. (BWA) had its price target lowered by Barclays Capital from $92.00 to $89.00. They have an “Equal Weight” rating on the company.
NetApp Inc. (NTAP) had its price target lowered by Barclays Capital from $68.00 to $52.00. They have an “Overweight” rating on the company.
Dana Holding Co. (DAN) had its price target lowered by Barclays Capital from $25.00 to $23.00. They have an “Overweight” rating on the company.
Thursday, May 19, 2011
Price Targets on (TSL) (TGT) (PETM) (VIT) Updated
Price targets on shares of Trina Solar (NYSE: TSL), Target Corp. (NYSE: TGT), Petsmart Inc (NASDAQ: PETM) and VanceInfo Technologies Inc. (NYSE: VIT) were updated by analysts.
Wedbush raised their price target on Petsmart Inc (PETM) to $54.00.
Citigroup (NYSE:C) cut their price target on Target Corp. (TGT) from $68.00 to $64.00. They have a “buy” rating on the company.
HSBC (NYSE:HBC) cut their price target on Trina Solar (TSL) from $27.00 to $22.00. They have an “underweight” rating on the company.
Oppenheimer cut their price target on VanceInfo Technologies Inc. (VIT) from $37.00 to $35.00. They have an “outperform” rating on the company.
Deutsche Bank (NYSE:DB) raised their price target on Petsmart Inc (PETM) to $46.00.
Wedbush raised their price target on Petsmart Inc (PETM) to $54.00.
Citigroup (NYSE:C) cut their price target on Target Corp. (TGT) from $68.00 to $64.00. They have a “buy” rating on the company.
HSBC (NYSE:HBC) cut their price target on Trina Solar (TSL) from $27.00 to $22.00. They have an “underweight” rating on the company.
Oppenheimer cut their price target on VanceInfo Technologies Inc. (VIT) from $37.00 to $35.00. They have an “outperform” rating on the company.
Deutsche Bank (NYSE:DB) raised their price target on Petsmart Inc (PETM) to $46.00.
Wednesday, May 11, 2011
Ex-Dividend for (NRF) (SPAN) (STBC) (TGT) on May 16
Ex-Dividend date for Northstar Realty Finance Corporation (NYSE:NRF), Span-America Medical (NASDAQ:SPAN), State Bancorp Inc (NASDAQ:STBC) and Target Corporation (NYSE:TGT) is May 16.
Northstar Realty Finance Corporation (NRF) pays a dividend of $0.10 with a yield of 7.83 percent.
Span-America Medical (SPAN) pays a dividend of $0.11 with a yield of 2.98 percent.
State Bancorp Inc (STBC) pays a dividend of $0.05 with a yield of 1.53 percent.
Target Corporation (NYSE:TGT) pays a dividend of $0.25 with a yield of 2.03 percent.
Northstar Realty Finance Corporation (NRF) pays a dividend of $0.10 with a yield of 7.83 percent.
Span-America Medical (SPAN) pays a dividend of $0.11 with a yield of 2.98 percent.
State Bancorp Inc (STBC) pays a dividend of $0.05 with a yield of 1.53 percent.
Target Corporation (NYSE:TGT) pays a dividend of $0.25 with a yield of 2.03 percent.
Thursday, April 7, 2011
March Retail (TGT) (COST) (BJ) (JCP) Sales Mixed
As expected, March retail sales were mixed today as a number of retailers reported for the month earlier in the session.
Discounters like Costco (NASDAQ:COST) and BJ's Wholesale (NYSE:BJ) soared as expected, along with high end stores like Saks (NYSE:SKS).
Limited (NYSE:LTD) was the top performer of the companies reporting today, with sales jumping 14 percent in March.
Worst in the group was Kohl's (NYSE:KSS), whose sales fell 6.5 percent last month.
Here are those retailers with sales gains in March:
Costco (COST) - up 8%; Macy's (NYSE: M) - up 0.9%; Limited (LTD) - up 14%; The Buckle (NYSE:BKE) - up 8.4%; Zumiez (NASDAQ:ZUMZ) - up 8.9%; BJ's Wholesale (BJ) - up 5.3%; Saks (SKS) - up 11.1%; and Nordstrom (NYSE:JWN) - up 5.1%.
Retailers which lost sales in March:
Target (NYSE:TGT) - down 5.5%; JCPenney (NYSE:JCP) - down 0.3%; Gap (NYSE:GPS) - down 10%; Kohl's (KSS) - down 6.5%; TJX (NYSE:TJX) - down 1%; and Hot Topic (Nasdaq:HOTT) - down 5%.
Discounters like Costco (NASDAQ:COST) and BJ's Wholesale (NYSE:BJ) soared as expected, along with high end stores like Saks (NYSE:SKS).
Limited (NYSE:LTD) was the top performer of the companies reporting today, with sales jumping 14 percent in March.
Worst in the group was Kohl's (NYSE:KSS), whose sales fell 6.5 percent last month.
Here are those retailers with sales gains in March:
Costco (COST) - up 8%; Macy's (NYSE: M) - up 0.9%; Limited (LTD) - up 14%; The Buckle (NYSE:BKE) - up 8.4%; Zumiez (NASDAQ:ZUMZ) - up 8.9%; BJ's Wholesale (BJ) - up 5.3%; Saks (SKS) - up 11.1%; and Nordstrom (NYSE:JWN) - up 5.1%.
Retailers which lost sales in March:
Target (NYSE:TGT) - down 5.5%; JCPenney (NYSE:JCP) - down 0.3%; Gap (NYSE:GPS) - down 10%; Kohl's (KSS) - down 6.5%; TJX (NYSE:TJX) - down 1%; and Hot Topic (Nasdaq:HOTT) - down 5%.
Jitters Over (TGT) (BJ) (COST) (KSS) (JCP) (SKS) (JWN) (M) (SSI) March Sales Report
With Macy's (NYSE:M), Target (NYSE:TGT), BJ's Wholesale Club (NYSE:BJ), Costco (Nasdaq:COST), Kohl's (NYSE:KSS), Stage Stores (NYSE:SSI), J.C. Penney (NYSE:JCP), Saks (NYSE:SKS) and Nordstrom (NYSE:JWN) all reporting March sales today, shareholders and investors have jitters over the narrative that will probably emerge; one that most won't like for some of these companies.
On the positive side, Costco and BJ's Wholesale Club should generate improvements in same-store sales, based on getting more benefits from higher gas prices. Macy's and Nordstrom may also turn in a good quarter.
Barclays said, "Ahead of these results, we are raising our Barclays Capital Broadlines/Dept. Stores Same Store-Sales Index estimate for March to (0.8)% from (2.1)% compared with an 11.3% increase last year. The increase in our index is attributable to our expectations for higher comps for Costco and BJ's Wholesale Club, due to a larger benefit from gas prices, as well as our expectations for continued solid momentum at Macy's and Nordstrom, despite the Easter shift. We are raising our estimate for Costco to 6%-8% from 3%-5%, our estimate for BJ's to 0%-2% from (1)%-1%, our estimate for Macy's to (1)%-(3)% from (2)%-(4)%, and our estimate for Nordstrom to 1%-3% from (2)%-(4)%."
Concerning April, the optimism fades though. "We believe overall sales were solid in March; however, we expect the shift of Easter into April out of March, as well as tough comparisons last year, to have a negative impact on this month's results...We are maintaining our estimate for an 11.8% increase in our index in April," Barclays concluded.
It seems the reports will be a mixed bag, as Bed Bath & Beyond may have stolen some business from Target, and there could be some other surprises in there.
On the positive side, Costco and BJ's Wholesale Club should generate improvements in same-store sales, based on getting more benefits from higher gas prices. Macy's and Nordstrom may also turn in a good quarter.
Barclays said, "Ahead of these results, we are raising our Barclays Capital Broadlines/Dept. Stores Same Store-Sales Index estimate for March to (0.8)% from (2.1)% compared with an 11.3% increase last year. The increase in our index is attributable to our expectations for higher comps for Costco and BJ's Wholesale Club, due to a larger benefit from gas prices, as well as our expectations for continued solid momentum at Macy's and Nordstrom, despite the Easter shift. We are raising our estimate for Costco to 6%-8% from 3%-5%, our estimate for BJ's to 0%-2% from (1)%-1%, our estimate for Macy's to (1)%-(3)% from (2)%-(4)%, and our estimate for Nordstrom to 1%-3% from (2)%-(4)%."
Concerning April, the optimism fades though. "We believe overall sales were solid in March; however, we expect the shift of Easter into April out of March, as well as tough comparisons last year, to have a negative impact on this month's results...We are maintaining our estimate for an 11.8% increase in our index in April," Barclays concluded.
It seems the reports will be a mixed bag, as Bed Bath & Beyond may have stolen some business from Target, and there could be some other surprises in there.
Thursday, March 31, 2011
Retailers (WMT) (JCP) (M) (HD) (TGT) (LOW) (ODP) All Down on Inflation Expectations
The CEO of Wal-Mart (NYSE:WMT), Bill Simon, said in an interview with USA Today that he sees inflation having an impact on price in the latter part of 2011, causing retailers like JC Penney (NYSE:JCP), Home Depot (NYSE:HD), Target (NYSE:TGT), Lowe's (NYSE:LOW), Macy's (NYSE:M) and Office Depot (NYSE:ODP) to all fall.
Food companies have already had to begin to endure the higher prices, as input costs rise as food demand surges around the world. In that case the companies have responded more by lowering the amount of product in some packaging, rather than raising prices or suffering the loss of margins and earnings.
Of course general retailers, for the most part, don't have that luxury, and so will be force to raise prices or allow earnings to underperform, something most will most likely not be willing to allow to happen.
Bottom line is it appears in an environment of higher fuel costs retailers will have to boost prices, making it a difficult time for the overall sector going forward, in an a price sensitive situation.
Food companies have already had to begin to endure the higher prices, as input costs rise as food demand surges around the world. In that case the companies have responded more by lowering the amount of product in some packaging, rather than raising prices or suffering the loss of margins and earnings.
Of course general retailers, for the most part, don't have that luxury, and so will be force to raise prices or allow earnings to underperform, something most will most likely not be willing to allow to happen.
Bottom line is it appears in an environment of higher fuel costs retailers will have to boost prices, making it a difficult time for the overall sector going forward, in an a price sensitive situation.
Thursday, March 24, 2011
Amazon.com (AMZN) Raised, Target (TGT), Wal-Mart (WMT) Not
The retail sector has received a boost on the performance of Best Buy (NYSE:BBY) and the slightly better weekly claims data in the U.S., which has resulted in Amazon.com (NASDAQ:AMZN) being upgraded by William Blair & Co. analyst Mark Miller from “Market Perform” to “Outperform.”
Miller said, "We have added confidence that Amazon.com can sustain strong market share gains with its dominant assortment and competitive pricing, even compared with leading mass merchants known for “everyday low prices.” Comparing 20 general merchandise categories with roughly 480 items each at Target (TGT $50.24; Market Perform) and Wal-Mart (WMT $51.64; Market Perform) stores, Amazon.com has 78 times the assortment whereas Target.com has 3.5 times and Walmart.com has 5.6 times the selection of the stores."
Amazon.com was trading at $170.78, gaining $5.46, or 3.30 percent, as of 12:51 PM EDT. Wal-Mart was at $52.67, up $1.03, or 1.99 percent. Target was trading at $50.31, up $0.07, or 0.14 percent.
Miller said, "We have added confidence that Amazon.com can sustain strong market share gains with its dominant assortment and competitive pricing, even compared with leading mass merchants known for “everyday low prices.” Comparing 20 general merchandise categories with roughly 480 items each at Target (TGT $50.24; Market Perform) and Wal-Mart (WMT $51.64; Market Perform) stores, Amazon.com has 78 times the assortment whereas Target.com has 3.5 times and Walmart.com has 5.6 times the selection of the stores."
Amazon.com was trading at $170.78, gaining $5.46, or 3.30 percent, as of 12:51 PM EDT. Wal-Mart was at $52.67, up $1.03, or 1.99 percent. Target was trading at $50.31, up $0.07, or 0.14 percent.
Thursday, March 17, 2011
Retailers Wal-Mart (WMT) (TGT) (BBY), (HD) (SHLD) Using Government to Attack Amazon (AMZN)
Amazon (NASDAQ:AMZN) is under ferocious attack by competitors like Wal-Mart (NYSE:WMT), Target Corp. (NYSE:TGT), Best Buy (NYSE:BBY), Home Depot (NYSE:HD) and Sears (NYSE:SHLD) who are working with the government in an attempt force the online retailer to collect state taxes even though they don't have a physical presence in a state.
The giant retailer is working within the confines of existing law according to a 1992ruling of the U.S. Supreme Court.
There are two major things happening here. One, is Amazon.com has created a better business model and its competitors know it. They've been battling for years to use the government to force Amazon to collect sales tax in states because of that.
Also involved is the strong affiliate program run by Amazon, which its competitors has been unsuccessfully trying to duplicate for years. They're using the current economic crisis and out-of-control spending by federal and state governments, seeing Amazon is vulnerable at this time.
secondly, it doesn't deal with the issue at all of government spending which swept Republicans into the House in the last election. The people have said they want government to be smaller and limited by their vote, and so far politicians, including most of the Republicans voted in, refuse to take that mandate and deal with the outrageous and unsustainable pet projects and programs they have distributed to people in order to garner votes.
Amazon is just a distraction to make it appear it's somehow their fault that state budget in particular are falling short.
The solution is simple: cut spending. Cut programs. Europe has had to get involved with austerity for the very reason they can't afford it. How hard is that to understand?
We should all support Amazon.com and the attack on its fantastic business model which has helped it become a premiere retailer.
As usual, a group called the Alliance for Main Street Fairness to battle the Amazon monster, and whenever you hear fairness in a name, you can be sure it's a lie, as business is built on competition and offering something better than someone else at a price people are willing to pay.
There's nothing fair about business, it's meant to operate in a competitive atmosphere where the better companies win, which make the consumer a winner.
Amazon.com has done that, and the ferocity of the attack on them by their competitors using the government as a rod against them shows how desperate they are, and reaffirms the business model the company uses. No one should be allowed to take that away from them.
As for politicians, they need to get their act together and cut taxes and spending, not attempt to destroy one of the great businesses created of the last couple of decades.
The giant retailer is working within the confines of existing law according to a 1992ruling of the U.S. Supreme Court.
There are two major things happening here. One, is Amazon.com has created a better business model and its competitors know it. They've been battling for years to use the government to force Amazon to collect sales tax in states because of that.
Also involved is the strong affiliate program run by Amazon, which its competitors has been unsuccessfully trying to duplicate for years. They're using the current economic crisis and out-of-control spending by federal and state governments, seeing Amazon is vulnerable at this time.
secondly, it doesn't deal with the issue at all of government spending which swept Republicans into the House in the last election. The people have said they want government to be smaller and limited by their vote, and so far politicians, including most of the Republicans voted in, refuse to take that mandate and deal with the outrageous and unsustainable pet projects and programs they have distributed to people in order to garner votes.
Amazon is just a distraction to make it appear it's somehow their fault that state budget in particular are falling short.
The solution is simple: cut spending. Cut programs. Europe has had to get involved with austerity for the very reason they can't afford it. How hard is that to understand?
We should all support Amazon.com and the attack on its fantastic business model which has helped it become a premiere retailer.
As usual, a group called the Alliance for Main Street Fairness to battle the Amazon monster, and whenever you hear fairness in a name, you can be sure it's a lie, as business is built on competition and offering something better than someone else at a price people are willing to pay.
There's nothing fair about business, it's meant to operate in a competitive atmosphere where the better companies win, which make the consumer a winner.
Amazon.com has done that, and the ferocity of the attack on them by their competitors using the government as a rod against them shows how desperate they are, and reaffirms the business model the company uses. No one should be allowed to take that away from them.
As for politicians, they need to get their act together and cut taxes and spending, not attempt to destroy one of the great businesses created of the last couple of decades.
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