Wall Street gains on data and Mnuchin tax reform remarks

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Campbell Soup (CPB) PT Lowered to $46 at UBS; Reiterates Sell

September 1, 2017 9:00 AM EDT

UBS lowered its price target on Campbell Soup (NYSE: CPB) to $46.00 (from $50.00) while maintaining a Sell rating following the company's 4Q. CPB shares traded down -5% on Thursday as F4Q EPS fell -$0.02 below Street expectations as a result of lower organic sales... More

Dollar General (DG) PT Raised to $73 at Jefferies; Reiterates Hold

September 1, 2017 8:15 AM EDT

Jefferies raised its price target on Dollar General (NYSE: DG) to $73.00 (from $68.00) while maintaining a Hold rating following the company's 2Q. DGs sales accelerated along with other discount retailers. Sales seemed to benefit most from price investment. Adjusted EPS of $1.10 beat the Streets $1.09, driven by... More

Campbell Soup (CPB) PT Lowered to $51 at Deutsche Bank Following 4Q

September 1, 2017 7:21 AM EDT

Deutsche Bank lowered its price target on Campbell Soup (NYSE: CPB) to $51.00 (from $58.00) while maintaining a Hold rating following the company's 4Q.

Campbell Soup missed consensus by $0.03 in Q4, driven mainly by a higher tax rate, as operating profit was off by ~$2mm. For 2018, management maintained a relatively cautious tone.

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Deutsche Bank Reiterates Hold Rating & $72 PT on Dollar General (DG) Following 2Q Report; 'Solid SSS, But Lack of Flow-Through Keeps Us Sidelined'

August 31, 2017 12:39 PM EDT

Deutsche Bank reiterates Hold rating and $79 price target on Dollar General (NYSE: DG), following the company's second quarter earnings report.

Analyst Paul Trussell notes the company delivered second quarter earnings per share and revenue results above consensus projections fueled by a same-store-sales... More