UBS Remains Sidelined on Target (TGT) Following 3Q - PT to $78
- Futures falter as Meta Platforms weighs on megacaps
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- Yen at multi-decade lows, dollar drops before US data
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Jefferies Remains Sidelined on Target (TGT) Following 3Q - PT to $75
November 17, 2016 8:36 AM ESTJefferies reiterated a Hold rating on Target (NYSE: TGT), and raised the price target to $75.00 (from $72.00), following the company's 3Q earnings report. Electronics & entertainment underperformed, but Q3 improved with new product introductions. Pharmacy scripts in the CVS business at Target continue to run below... More
Target (TGT) PT Raised to $85 at Buckingham Post Q3
November 16, 2016 1:52 PM ESTBuckingham Research analyst John Zolidis reiterated a Buy rating and raised his price target on Target (NYSE: TGT) to $85.00 (from $79.00) following strong Q3 results.
Zolidis commented, "TGT is reporting improving sales trends and EPS growth despite headwinds including e-commerce encroachment, a highly promotional environment,... More
Target (TGT) says pre-orders for new Apple (AAPL) products up 3x versus 2015 - Conf. Call
November 16, 2016 9:44 AM ESTTarget (NYSE: TGT) says pre-orders for new Apple (Nasdaq: AAPL) products up 3x versus 2015 - Conf. Call
... MorePre-Open Stock Movers 11/16: (SINO) (DCIX) (TGT) Higher; (PDLI) (FLXN) (LOW) Lower (more...)
November 16, 2016 9:28 AM ESTToday's Pre=Open Stock Movers
Sino-Global Shipping America (NASDAQ: SINO) 43.1% HIGHER; shipping stocks continue higher, although DRYS is now halted on info request from NASDAQ.
DryShip (NASDAQ: DRYS) 40% HIGHER; surged again before being halted on info request from... More
Options expected to have Increasing volume: TGT LOW BBY SCTY
November 16, 2016 7:23 AM ESTOptions expected to have Increasing volume: TGT LOW BBY SCTY
... MoreTarget expresses confidence about holiday sales; shares rise
November 16, 2016 6:48 AM ESTBy Nandita Bose
CHICAGO (Reuters) - Target Corp (NYSE: TGT) on Wednesday reported a much higher-than-expected quarterly profit after benefiting from a strong back-to-school shopping season and increased online sales, and it gave an optimistic outlook for the all-important holiday period.
The Minneapolis-based retailer's shares, which had fallen nearly 2 percent so far this year, rose 6.4 percent to end at $76.03.
Results have improved from recent quarters, when competition from online rivals like Amazon.com Inc (NASDAQ: AMZN) and slower sales of smaller items like... More
Target (TGT) Tops Q3 EPS by 21c; Comps Outpace; Outlook Raised
November 16, 2016 6:32 AM ESTTarget (NYSE: TGT) reported Q3 EPS of $1.04, $0.21 better than the analyst estimate of $0.83. Revenue for the quarter came in at $0 versus the consensus estimate of $16.3 billion.
Comps fell 0.2 percent, versus a 1.1 percent drop expected.
GUIDANCE:
Target sees Q4 2016 EPS of... More
Trading Radar for 11/16: Cisco Systems (CSCO), Lowe's (LOW), Target (TGT), JinkoSolar (JKS), Meritor (MTOR) Report
November 15, 2016 3:17 PM ESTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EST
9:15am EST
Industrial Production - Street sees 0.2%Capacity Utilization - Street sees... MoreTarget (TGT) call put ratio 1 call to 2.4 puts into Q3 and outlook
November 15, 2016 1:37 PM ESTTarget (NYSE: TGT) November put option implied volatility is at 64, December is at 28; compared to its 52-week range of 16 to 41 into Q3. November 63 NS 67.5 puts are active on total put volume of 19 to 40.
... More