Macy's, Kohl's sales declines raise turnaround concerns
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/7/2026
Go back to Macy's, Kohl's sales declines raise turnaround concerns
August 11, 2017 9:26 AM EDT
UBS 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
August 11, 2017 7:58 AM EDT
Jefferies 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
August 10, 2017 3:56 PM EDT
Cowen 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
