One retail stock to buy and one to avoid ahead of earnings: Evercore ISI

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DA Davidson on Walmart (WMT) Post Earnings: Remains a Best-of-Breed Bison Name, 'one of our top picks of the year'

August 15, 2024 8:15 AM EDT

DA Davidson analyst Katy Hallberg reiterated a Buy rating and $75.00 price target on Walmart (NYSE: WMT).

The analyst comments "Walmart continues to take share and because of that, is providing a much different tone with respect to business trends relative to... More

Morgan Stanley Reiterates Overweight Rating on Target (TGT)

August 14, 2024 6:50 AM EDT

Morgan Stanley analyst Simeon Gutman reiterated an Overweight rating and $180.00 price target on Target (NYSE: TGT).

The analyst comments "Expecting in-line Q2'24 comps and EPS. Earnings upside cases for '24 seem less likely without significant gross margin expansion. Stock not demanding... More