Wall Street gives up gains after Germany bomb scare

Piper Jaffray Reiterates Overweight as Target (TGT) Experiences Slowdown in Digital Platform; Still Seeks 40% Digital Growth

Piper Jaffray reiterated an Overweight rating and $88.00 price target on Target (NYSE: TGT) following the company's 3Q earnings report. Target posted strong comps in Q3 (+1.9%) which accelerated 70bp on a 2-yr basis. Target's merchandising initiatives continue to resonate with its guests as traffic improved +1.4% in... More

Weak 4Q Guide Overshadows Dick's Sporting Goods (DKS) 3Q Report; Morgan Stanley Cuts Price Target to $44

Morgan Stanley maintained an Equalweight rating on Dick's Sporting Goods (NYSE: DKS), and cut the price target to $44.00 (from $60.00), following the company's 3Q earnings report. DKS's earnings (EPS of $0.45 vs. consensus of $0.46) took a backseat to the weaker than expected Q4 guide.... More

Dick's Sporting Goods (DKS) Attributes 3Q Miss to Warm Weather; Canaccord Genuity Cuts Price Target to $46

Canaccord Genuity maintained a Hold rating on Dick's Sporting Goods (NYSE: DKS), and cut the price target to $46.00 (from $47.00), following the company's 3Q earnings report. DKS reported adjusted EPS of 45c falling short of 47c consensus estimate. The miss was largely attributed to unseasonably warm weather that impacted the sale of cold weather... More

Sterne Agee CRT Blames Warm Weather for Dick's Sporting Goods (DKS) Sell-off; Cuts Price Target to $55

Sterne Agee CRT reiterated a Buy rating on Dick's Sporting Goods (NYSE: DKS), and cut the price target to $55.00 (from $62.00), following the company's 3Q earnings report. DKS posted EPS of $0.45 versus guidance of $0.45-$0.48, and the consensus estimate of $0.47. Traffic declines were the... More

Happy Customers Lead to Positive Results for Wal-mart (WMT); Cowen Reiterates Market Perform

Cowen reiterated a Market Perform rating and $66.00 price target on Wal-Mart (NYSE: WMT) following the company's 3Q earnings report. WMT US's 3Q comp of +1.5% was led by positive traffic of +1.7% as investments in higher wages, more training, and incremental department managers are driving steady... More

Warm Weather Effects Inventory and Sales; Cowen Cuts Price Target on Dick's Sporting Goods (DKS)

Cowen maintained a Market Perform rating on Dick's Sporting Goods (NYSE: DKS), and cut the price target to $43.00 (from $55.00), based on relative valuation. Valuations in the athletic apparel and footwear industry have significantly contracted since October 1st due to elevated inventory positions as a... More

UPDATE: Wal-mart's (WMT) Strong Traffic Growth Keeps Piper Jaffray Bullish on Target (TGT); Reiterates Outperform

(Updated - November 17, 2015 11:57 AM EST)

Piper Jaffray reiterated an Overweight rating and $88.00 price target on Target (NYSE: TGT) following Wal-mart's (NYSE: WMT) 3Q comps. Walmart reported a +1.5% comp for its U.S. business, in-line with... More

Urban Outfitters (URBN) Reports In-Line EPS and Restaurant Acquisition; FBR Capital Reiterates Market Perform

FBR Capital maintained a Market Perform rating on Urban Outfitters, Inc. (NASDAQ: URBN), and cut the price target to $29.00 (from $32.00), following the company's 3Q earnings report. URBN reported 3Q15 EPS of $0.42, versus consensus of $0.42. URBN also announced that it has entered into an agreement to acquire substantially all of The Vetri Family group of restaurants, including Pizzeria... More

Urban Outfitters (URBN) Weak 3Q Driven by Weather and a Lack of New Fashion; Stifel Cuts Price Target to $30

Stifel maintained a Buy rating on Urban Outfitters, Inc. (NASDAQ: URBN), and cut the price target to $30.00 (from $40.00), following the company's 3Q earnings report. URBN reported 3Q EPS of $0.42, in-line with consensus. In-line results were driven by an incentive comp reduction and a federal tax credit, which offset... More

Mizuho Securities Cuts Price Target on Urban Outfitters (URBN) Following Weak 4Q Start

Mizuho Securities maintained a Neutral rating on Urban Outfitters, Inc. (NASDAQ: URBN), and cut the price target to $20.00 (from $30.00), following a weak 4Q start. Weak October sales worsened in early November as traffic remains challenging in both retail stores and online.

Analyst... More