Target cuts earnings forecast due to weak holiday sales
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq fall, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
MKM Partners Cuts Price Target on Target (TGT) to $70 Following Reported Holiday Sales
January 18, 2017 1:25 PM ESTMKM Partners maintained a Neutral rating on Target (NYSE: TGT), and cut the price target to $70.00 (from $77.00), following the company's reported holiday sales and lowered 4Q16 guidance. Same-store sales for November-December decreased 1.3% vs. prior estimate of flat for all of 4Q16. Digital sales grew more... More
Target (TGT) PT, Estimates Cut at Buckingham Research Following Miss
January 18, 2017 10:19 AM ESTBuckingham Research analyst John Zolidis lowered estimate and his price target Buy-rated Target (NYSE: TGT) to $77.00 (from $85.00) following the retailer's holiday update and lower Q4 guidance.
Zolidis commented, "We are maintaining our BUY rating on shares of Target Corp. but cutting our PT to $77 from $85. Our investment case for TGT revolved around the companys ability to offset pressure from e-commerce... More
