Wal-Mart, materials shares drag Wall St. lower

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UBS Cuts Price Target on Wal-mart (WMT) to $75 Following 2Q16

August 19, 2015 10:07 AM EDT

UBS maintained a Neutral rating on Wal-Mart (NYSE: WMT), and cut the price target to $75.00 (from $80.00) Wal-mart (NYSE: WMT), following the company's 2Q16 earnings results. The company reported its 2nd strongest quarter of traffic growth since 3Q10. WMT reported... More

UBS Raises Price target on TJX Cos. (TJX) Headed into the 2H

August 19, 2015 9:57 AM EDT

UBS reiterated a Buy rating on The TJX Companies (NYSE: TJX), and raised the price target to $85.00 (from $78.00), headed into 2H. Analyst Michael Binetti thinks that the combination of sluggish SSS at mid-tier d-stores, & TJX's ongoing strong merchandise offering, positions the company well for... More

Cowen Raises Price target on TJX Cos. (TJX) Following 2Q EPS Beat

August 19, 2015 9:33 AM EDT

Cowen reiterated an Outperform rating on The TJX Companies (NYSE: TJX), and raised the price target to $85.00 (from $80.00), following the company's 2Q16 earnings report. TJX reported EPS of $0.80, 4c above consensus. Revenues of $7.4B beat consensus estimate of $7.26B. TJX raised... More