Wall Street pulls back at week's end with tax changes mulled

Hibbett Sports (HIBB) PT Raised to $15 at Stephens; Remains Sidelined

Stephens raised its price target on Hibbett Sports (NASDAQ: HIBB) to $15.00 (from $10.00) while maintaining a Equal Weight rating following the company's 3Q release. HIBB's 3Q EPS of $0.37 topped consensus of $0.21. EPS was $0.66 last year. 3Q SSS decreased (1.3%) vs. consensus of (8.2%).

Full year guidance... More

Gap, Inc. (GPS) PT Raised to $32 at Cowen; Reiterates Market Perform

Cowen raised its price target on Gap, Inc. (NYSE: GPS) to $32.00 (from $25.00) while maintaining a Market Perform rating. Management noted traffic at Gap stores was ahead of the industry most weeks, while AURs were also healthy. GPS credits improved traffic performance to high returns on... More

BofA/Merrill Lynch Reiterates Underperform on Abercrombie & Fitch (ANF) Following 3Q Report

BofA/Merrill Lynch reiterated an Underperform rating and $9.00 price target on Abercrombie & Fitch (NYSE: ANF) following the company's 3Q earnings report. Abercrombie posted its first quarter of positive comps since 4Q15, with trends continuing to improve sequentially across both brands.

ANFs 3Q... More

Foot Locker (FL) PT Raised to $50 at Susquehanna Following 3Q

Susquehanna raised its price target on Foot Locker (NYSE: FL) to $50.00 (from $37.00) while maintaining a Positive rating following the company's 3Q earnings report. FL reported EPS/SSS of $0.87/-3.7% vs. consensus of $0.80/-4.6%. Gross margin declined more than expected as FL continues to right-size... More

Hibbett Sports (HIBB) PT Raised to $15 at Stephens Following 3Q

Stephens raised its price target on Hibbett Sports (NASDAQ: HIBB) to $15.00 (from $10.00) while maintaining a Equal Weight rating following the company's 3Q. HIBB's 3Q EPS of $0.37 topped consensus of $0.21. EPS was $0.66 last year. Full year guidance was raised $0.16 at the midpoint to $1.42 to $1.50 vs. consensus... More

Hibbett Sports (HIBB) PT Raised to $21 at Susquehanna on 3Q Report; 'SSS Significantly Improved'

Susquehanna raised its price target on Hibbett Sports (NASDAQ: HIBB) to $21.00 (from $17.00) while maintaining a Positive rating, following the company' third quarter earnings report.

Analyst Sam Poser notes a positive outlook on the shares, as the company's reported third quarter earnings per share and... More

Foot Locker (FL) PT Raised to $42 at JPMorgan Following 3Q Release

JPMorgan raised its price target on Foot Locker (NYSE: FL) to $42.00 (from $30.00) while maintaining a Neutral rating following the company's 3Q earnings report. FL reported 3Q EPS of $0.87 (8 cents > Street), representing a 23% YOY decline.

Management controlled the P/L via Plan B,... More

Foot Locker (FL) PT Raised to $47 at Citi; Reiterates Buy

Citi raised its price target on Foot Locker (NYSE: FL) to $47.00 (from $40.00) while maintaining a Buy rating following the company's 3Q earnings report. FL reported Q3 adjusted EPS of $0.87 vs. the consensus of $0.80. Revenues declined 0.8% y/y to $1.87B on a -3.7% comp (vs.... More

Foot Locker (FL) PT Raised to $42 at Canaccord Genuity Following 3Q Beat

Canaccord Genuity raised its price target on Foot Locker (NYSE: FL) to $42.00 (from $36.00) while maintaining a Hold rating following the company's 3Q. The company's 87c in EPS handily beat the consensus estimate of 80c. Inventory appears to be improving as it was -3.4% vs.... More

Splunk (SPLK) PT Raised to $80 at UBS Following 3Q

UBS raised its price target on Splunk (NASDAQ: SPLK) to $80.00 (from $74.00) while maintaining a Buy rating following the company's 3Q report. Splunk made it two strong beats in a row as FQ3 license revs of $180M topped the Street's $165M, with YoY growth... More

Splunk (SPLK) PT Raised to $85 at Deutsche Bank

Deutsche Bank raised its price target on Splunk (NASDAQ: SPLK) to $85.00 (from $75.00) while maintaining a Buy rating following Q3 beat and raised guidance.

Analyst Karl Keirstead notes license growth accelerated again to 29%, the total revs beat against the high end of the... More

Shoe Carnival (SCVL) PT Raised to $27 at Wedbush Following 3Q Beat and Raise

Wedbush raised its price target on Shoe Carnival (NASDAQ: SCVL) to $27.00 (from $25.00) while maintaining a Outperform rating following the company's 3Q earnings report. SCVL reported 3Q EPS of $0.66 and a +4.4% comp while upping the outlook on the year. The comp beat (consensus was +2.3%) was... More

Splunk (SPLK) PT Raised to $80 at KeyBanc Following 3Q Report

KeyBanc raised its price target on Splunk (NASDAQ: SPLK) to $80.00 (from $70.00) while maintaining a Overweight rating following the company's 3Q. F3Q results impressed, as Splunk exceeded estimates across most major operating metrics. Revenue and billings growth of 34.3% y/y and 38.0% y/y, respectively, showed... More

Splunk (SPLK) PT Raised to $95 at BTIG Following 3Q Release

BTIG raised its price target on Splunk (NASDAQ: SPLK) to $95.00 (from $80.00) while maintaining a Buy rating following the company's 3Q. Splunk again delivered a strong quarter, with revenue and billings both coming in well ahead of our/consensus estimates and with a FY revenue... More

Splunk (SPLK) PT Raised to $95 at BofA/Merrill Lynch

BofA/Merrill Lynch raised its price target on Splunk (NASDAQ: SPLK) to $95.00 (from $80.00) while maintaining a Buy rating following 3Q. SPLK printed 38% y/y billings growth, 34% growth in core license + cloud revenue and 180bps beat in operating margin. Stock is up 14% AH... More