U.S. retail sales rise broadly; consumer prices rebound
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- Wall Street ends higher as SpaceX's market debut dominates
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- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
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J. C. Penney (JCP) PT Lowered to $4 at UBS; 'Negative Trends at Core, Very Tough Path to Hit '17 Guidance'
May 15, 2017 10:28 AM EDTUBS 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
Amazon.com (AMZN) PT Raised to $1,100 at Oppenheimer; Reiterates Outperform
May 15, 2017 10:21 AM EDTOppenheimer raised its price target on Amazon.com (NASDAQ: AMZN) to $1,100.00 (from $970.00) while maintaining a Outperform rating. Analyst Jason Helfstein still believes that Amazon is a "must own" within large-cap given a number of greenfield opportunities, and the leading position in global eCommerce. However,... More
J. C. Penney (JCP) PT Lowered to $6 at BMO Capital Following 1Q
May 15, 2017 9:31 AM EDTBMO Capital lowered its price target on J. C. Penney (NYSE: JCP) to $6.00 (from $8.00) while maintaining a Market Perform rating.... More
Macy's (M) PT Lowered to $31 at BofA/Merrill Lynch
May 12, 2017 9:45 AM EDTBofA/Merrill Lynch lowered its price target on Macy's (NYSE: M) to $31.00 (from $38.00) while maintaining a Neutral rating.
... MoreMacy's (M) PT Lowered to $36 at BMO Capital on 1Q Miss; '5.2% SSS Decline... Margin Pressure in a Few Other Categories'
May 12, 2017 9:39 AM EDTBMO 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
