Target (TGT) Declares $0.66 Quarterly Dividend; 2.1% Yield
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Go back to Target (TGT) Declares $0.66 Quarterly Dividend; 2.1% Yield
January 8, 2020 11:12 AM EST
Credit Suisse analyst Seth Sigman reiterated an Outperform rating and $138.00 price target on Target (NYSE: TGT), saying they expect an overall solid holiday update next week with comps about in line, margins potentially better, and indications that EPS will be at the high end.
Sigman commented, "There were a... More
January 8, 2020 8:07 AM EST
(This Jan. 8 story corrects para 11 to say private-label companies, and not retailers, will need to sell plant-based products at a net wholesale cost of $1.25 below Beyond Meat and rivals)
By Richa Naidu
CHICAGO (Reuters) - Cashing in on rising demand for imitation meat, major retailers including Kroger and Walmart recently began to carry Beyond Meat's (NASDAQ: BYND) plant-based burgers and sausages.
Now, several stores are creating similar products that will compete with Beyond Meat.
Kroger Co (NYSE: KR), the biggest U.S. grocer, on... More
