Goldman Sachs Lifts Price Targets and Estimates On Select Retails Names

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Goldman Sachs raised their price targets and estimates on a number of broad-lines retail names today. The firm's two top ideas includes Conviction Buy List-rated Target (NYSE: TGT) and Macy's (NYSE: M).

• Macy's, Inc. (NYSE: M) from $18 to $22
  
• J. C. Penney Company, Inc. (NYSE: JCP) from $32 to $36
  
• Phillips-Van Heusen Corp. (NYSE: PVH) from $35 to $45
  
• Saks Incorporated (NYSE: SKS) from $5.50 to $7.00
  
• Sears Holdings Corporation (Nasdaq: SHLD) from $50 to $51
  
• Coach Inc. (NYSE: COH) from $27 to $35
  
• Costco (Nasdaq: COST) from $50 to $55
  
• TJX Companies (NYSE: TJX) from $39 to $43
  
• Tiffany & Co. (NYSE: TIF) from $34 to $40

The firm raised estimates on JWN, M, JCP, PVH, COST, TJX, TIF.

Family Dollar Stores Inc. (NYSE: FDO) price target was cut from $30 to $28.

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