Wall Street falls, department stores take a drubbing
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May 15, 2017 10:28 AM EDT
UBS lowered its price target on J. C. Penney (NYSE: JCP) to $4.00 (from $5.00) while maintaining a Sell rating, following the company's first quarter earnings report.
Analyst Michael Binetti notes the company is dealing with negative core trends and a difficult retail environment, making 2017 guidance... More
May 15, 2017 9:31 AM EDT
BMO Capital lowered its price target on J. C. Penney (NYSE: JCP) to $6.00 (from $8.00) while maintaining a Market Perform rating.... More
May 12, 2017 9:39 AM EDT
BMO Capital lowered its price target on Macy's (NYSE: M) to $36.00 (from $39.00) while maintaining a Outperform rating, following the company's first quarter earnings report.
Analyst Wayne Hood notes the company delivered first quarter earnings per share and revenue results below consensus... More
May 12, 2017 9:22 AM EDT
Citi raised its price target on The Trade Desk (NASDAQ: TTD) to $55.00 (from $39.00) while maintaining a Buy rating.
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May 12, 2017 7:44 AM EDT
Jefferies lowered its price target on Macy's (NYSE: M) to $27.00 (from $35.00) while maintaining a Hold rating. The company's 1Q EPS missed expectations, owing to weaker than expected comps and greater than expected GM pressure.
Management reaffirmed its FY18 EPS outlook, with comps accelerating... More
