Macy's, Dollar General, Okta fall premarket; Nordstrom rises

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Go back to Macy's, Dollar General, Okta fall premarket; Nordstrom rises

Target (TGT) cut at KeyBanc on student loan payment headwinds

June 5, 2023 8:00 AM EDT

Target (NYSE: TGT) was cut to Sector Weight from Overweight at KeyBanc on Monday due to increasing consumer headwinds.

Analyst Bradley Thomas told investors in a note that while the firm still believes in Target's long-term margin recovery story, headwinds over the next 12 to 18 months,... More

Atlantic Equities Downgrades Dollar General (DG) to Neutral 'on consumer shift'

June 2, 2023 5:46 AM EDT

Atlantic Equities analyst Daniela Nedialkova downgraded Dollar General (NYSE: DG) from Overweight to Neutral with a price target of $170.00.

The analyst comments "We are downgrading Dollar General to Neutral, following the commentary on the most recent changes to consumer behaviour. Q1... More