Margin worries send Macy's shares tumbling after profit beat
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J. C. Penney (JCP) PT Lowered to $2 at Deutsche Bank Following 2Q
August 17, 2018 8:40 AM EDTDeutsche Bank analyst Paul Trussell lowered the price target on J. C. Penney (NYSE: JCP) to $2.00 (from $3.00) while maintaining a Hold rating following the company's 2Q earnings report. 2Q results were disappointing and largely driven by GPM pressure with the company missing EPS... More
Nordstrom (JWN) PT Raised to $59 at Nomura/Instinet
August 17, 2018 8:34 AM EDTNomura/Instinet analyst Simeon Siegel raised the price target on Nordstrom (NYSE: JWN) to $59.00 (from $54.00) while maintaining a Neutral rating following the company's 2Q earnings report. Amid a yoyo earnings cycle, JWN saw strength at its own proxy of both consumer extremes with full-price and... More
Macy's (M) PT Raised to $37 at Cowen
August 16, 2018 6:45 AM EDTCowen analyst Oliver Chen raised the price target on Macy's (NYSE: M) to $37.00 (from $35.00) while maintaining a Market Perform rating.
Chen said they were encouraged by Macys aggressive efforts to upgrade convenience, curation, & culture (Cowens 3Cs) through new customer and shipping services, mobile &... More
