J.C. Penney posts surprise drop in same-store sales, shares slip
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Stifel Cuts Price Target on TJX Cos. (TJX) to $86 Following 3Q
November 15, 2016 5:14 PM ESTStifel maintained a Buy rating on The TJX Companies (NYSE: TJX), and cut the price target to $86.00 (from $92.00), following the company's 3Q earnings report. TJ Maxx reported adjusted 3Q EPS of $0.91, $0.04 above consensus estimates. The beat was driven by stronger sales and better than expected... More
Cowen Remains Bullish on TJX Cos. (TJX) Following 3Q
November 15, 2016 5:03 PM ESTCowen reiterated an Outperform rating and $85.00 price target on The TJX Companies (NYSE: TJX) following the company's 3Q earnings report. TJX noted strong comp momentum of +5% at Marmaxx in 3Q was primarily driven by traffic with unit sales also up, while avg. ticket was... More
UBS Raises Price Target on Kohl's Corp. (KSS) to $50 Following 3Q EPS Beat
November 11, 2016 9:22 AM ESTUBS reiterated a Neutral rating on Kohl's Corp. (NYSE: KSS), and raised the price target to $50.00 (from $44.00), following the company's 3Q earnings report. KSS recorded an EPS beat of $0.80, compared to estimates for $0.71. UBS raised FY16 EPS estimates to $3.91 from $3.80 (Street was $3.86).
Analyst Michael Binetti commented, "Kohls reported a F3Q EPS beat ($0.80 vs... More
