Target's upbeat forecast drives retail stocks higher

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Go back to Target's upbeat forecast drives retail stocks higher

Amazon.com (AMZN) PT Raised to $1,200 at UBS; 'Examining Drivers of Sustained Ecosystem Strength'

July 17, 2017 7:51 AM EDT

UBS raised its price target on Amazon.com (NASDAQ: AMZN) to $1,200.00 (from $1,100.00) while maintaining a Buy rating, following the release of newly rebuilt financial model.

Analyst Eric Sheridan notes a positive outlook following a fresh look at long-term potential opportunities to drive the... More

Baird Remains Sidelined on Target (TGT) Following Updated Guide

July 14, 2017 7:40 AM EDT

Baird reiterated a Neutral rating and $55.00 price target on Target (NYSE: TGT) following the company's updated 2Q guidance. Management cited broadbased improvement in traffic and category trends. Comps are now seen as up modestly, with adjusted EPS above the high end of prior $0.95-$1.15... More