Macy's, Kohl's sales declines raise turnaround concerns
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Macy's (M) PT Lowered to $21 at UBS Following 2Q
August 11, 2017 9:26 AM EDTUBS lowered its price target on Macy's (NYSE: M) to $21.00 (from $23.00) while maintaining a Neutral rating following the company's 2Q. The company reported $0.39 excluding real estate sales compared to $0.38 estimates. Importantly, it was the first time in several quarters when... More
Macy's (M) PT Lowered to $21 at Jefferies Following 2Q
August 11, 2017 7:58 AM EDTJefferies lowered its price target on Macy's (NYSE: M) to $21.00 (from $24.00) while maintaining a Hold rating following the company's 2Q. Analyst Randal Konik walked away from the quarter with greater concern given comp deterioration and gross margin compression.
Comps came in slightly ahead of... More
Kohl's (KSS) PT Lowered to $42 at Cowen on 2Q Report; 'Despite Traffic Improvement... We Remain on Sidelines'
August 10, 2017 3:56 PM EDTCowen lowered its price target on Kohl's (NYSE: KSS) to $42.00 (from $43.00) while maintaining a Market Perform rating, following the company's second quarter earnings report.
Analyst Oliver Chen notes the company delivered second quarter earnings per share above consensus expectations fueled by sales that showed... More
