Target Corp

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  • Brian Cornell
    Net Worth

    Target CEO Brian Cornell’s Net Worth, Family, and Political Beliefs

    By Mohit Oberoi, CFA
  • Target CEO Brian Cornell speaking on stage
    Company & Industry Overviews

    Brand-Name Parent Company Owns Target, CEO Makes Big Bucks

    By Rachel Curry
  • Target retail storefront
    Company & Industry Overviews

    Retail Stocks During Inflation—How to Tweak Your Portfolio

    By Rachel Curry
  • Target employees
    Personal Finance

    Target's Employee Tuition Program—Which Colleges Made the Cut?

    By Kathryn Underwood
  • uploads///Chart
    Consumer

    Must-know update: Redbook Index same-store sales data released

    The Redbook Index released the same-store weekly data on Tuesday, March 11, 2014.

    By Sandra Nathanson
  • uploads///COST EPS
    Company & Industry Overviews

    Will Walmart and Target’s Digital Initiatives Hurt Costco?

    Costco’s top line has grown at an average rate of 11.9% in the past five quarters. On average, the company’s adjusted EPS increased 17.9%.

    By Amit Singh
  • uploads///TGT
    Consumer

    Why Target Could End Fiscal 2018 on a Strong Note

    Investors punished Target (TGT) stock following the company’s sluggish margins during the third quarter of the fiscal year.

    By Amit Singh
  • uploads///COST EPS
    Consumer

    Why Costco’s EPS Could Rise Sharply in 2019

    Costco (COST) has managed to increase its earnings at a rapid pace in the past several quarters.

    By Amit Singh
  • uploads///COST EPS
    Consumer

    What Drove Costco’s Double-Digit Earnings Growth in 2Q18?

    Costco (COST) reported lower-than-expected fiscal 2Q18 earnings (period ended February 18, 2018) results on March 7, 2018.

    By Amit Singh
  • uploads///target _
    Consumer

    Why Target Stock Fell after 4Q17 Results

    Target (TGT) reported mixed fiscal 4Q17 results on Tuesday, March 6, 2018.

    By Amit Singh
  • uploads///WMT EPS
    Consumer

    What to Expect from Walmart’s Fiscal 4Q18 Earnings

    Analysts expect Walmart to report adjusted EPS of $1.37, a 5.4% rise YoY. It has improved its earnings in the first three quarters of the current fiscal year.

    By Amit Singh
  • uploads///COST Comps
    Company & Industry Overviews

    Unfazed by the Competition, Costco Sustained Momentum in October

    Costco has impressed with its sales performances in the past several months despite increased competition from online players and deep discounters.

    By Amit Singh
  • uploads///eCommerce and mCommerce U
    Company & Industry Overviews

    Amazon Offers Package Delivery Service to the Trunk of Your Car

    In the past, Amazon has faced criticism over late delivery that relied on package delivery companies such as United Parcel Service (UPS) and FedEx (FDX).

    By Puneet Sikka
  • uploads///TGT EPS
    Consumer

    Target: Analysts’ Earnings Projections

    Target’s management expects its EPS to stabilize in fiscal 2018. Management expects solid growth during the second half of the fiscal year.

    By Amit Singh
  • uploads///COST Margins
    Consumer

    How Costco’ Margins Fared in Fiscal 1Q18

    Margins remained pressured Similar to peers, Costco Wholesale (COST) saw its margins pressured in fiscal 1Q18. Increased investments in growth initiatives and lower pricing to fend off competition from Amazon (AMZN) in the grocery space are taking a toll on the profitability of mass US (SPY) merchandisers. Whereas rising digital sales and fulfillment costs have […]

    By Amit Singh
  • Consumer

    How will this week’s consumption indicators impact debt securities?

    This week, markets will be looking at any clues revealing hints for the outcome of the Fed’s next Federal Open Market Committee Meeting (or FOMC) slated for March 18–19.

    By Phalguni Soni
  • uploads///TGT EPS
    Consumer

    Factors Impacting Target’s Earnings in Fiscal 2017

    Following its strong fiscal 1H17 results, Target’s management lifted its fiscal 2017 adjusted outlook during the fiscal 2Q17 conference call.

    By Amit Singh
  • uploads///YouTube Retailers ad spend
    Company & Industry Overviews

    Why Retailers Are Increasing Their Ad Spending on YouTube

    Walmart, Target, Amazon, and Lowe’s were the four retailers in the United States that spent the most on YouTube video ads last year.

    By Puneet Sikka
  • uploads///Ad US location targeted spending
    Company & Industry Overviews

    How Are Google’s Local Inventory Ads Helping Retailers?

    Seeing the success of local inventory ads, Google has expanded them to all major economies outside the United States, including the United Kingdom (EWU), France, Germany, Japan, and Australia.

    By Puneet Sikka
  • uploads///TGT Sales
    Company & Industry Overviews

    Why Target Is Betting on Small-Format Stores

    Target (TGT) is expanding its small-format store base and expects to open 28 new small-format stores this year.

    By Amit Singh
  • uploads///amazon shipping costs
    Company & Industry Overviews

    Amazon Expands Whole Foods’ Grocery Delivery

    Retail e-commerce giant Amazon (AMZN) has expanded its online grocery delivery service from its Whole Foods stores to more cities across the United States.

    By Sophia Nicholson
  • uploads///costco _
    Company & Industry Overviews

    Why Analysts Are Downgrading Costco Stock

    Thanks to Costco’s strong fundamentals, its stock has risen 24.7% so far this year. But has the company’s stellar run made it uninvestable?

    By Amit Singh
  • uploads///Amazons revenue growth
    Consumer

    Why Amazon’s 2Q16 Top Line Remained Strong

    Amazon’s top line increased by 31.1% YoY to $30.4 billion in 2Q16 on account of healthy e-commerce sales driven by Amazon Prime membership growth.

    By Amit Singh
  • uploads///WMT US
    Consumer

    Why Walmart’s US Sales Could Continue to Grow in Q4

    Walmart’s (WMT) US sales have continued to grow at a healthy rate despite the segment facing tough competition.

    By Amit Singh
  • Earnings Report

    What Analysts Expect of Walmart’s Top Line in Fiscal 1Q18

    Analysts expect Walmart (WMT) to report sales of $117.8 billion in fiscal 1Q18, representing an improvement of 1.7% compared to fiscal 1Q17.

    By Amit Singh
  • uploads///COST Sales
    Consumer

    Analysts Expect Costco to Sustain Sales Growth Momentum in 2019

    Costco (COST) impressed investors with its sales growth rate in fiscal 2018.

    By Amit Singh
  • uploads///TGT Sales
    Consumer

    Why Target’s Fiscal Q2 Sales Could See Healthy Growth

    Target (TGT) is likely to impress investors with its sales performance in the fiscal second quarter.

    By Amit Singh
  • uploads///Wholesale
    Macroeconomic Analysis

    Sluggish Wholesale Trade Sales in US Keep Inventory Build-Up Low

    According to the US Census Bureau, wholesale inventories stood at $585.9 billion at the end of October.

    By Lara Sheldon
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    Consumer

    Amazon Expands Its Book Business with Brick-and-Mortar Stores

    Amazon (AMZN) recently opened several bookstores in strategic locations in the US, including New York City.

    By Neha Gupta
  • uploads///cri pm
    Company & Industry Overviews

    Morgan Stanley Rated Carter’s as ‘Overweight’

    On January 25, 2017, Morgan Stanley initiated the coverage of Carter’s with “overweight” rating. It set the stock’s price target at $103.0 per share.

    By Gabriel Kane
  • uploads///Mexico
    Company & Industry Overviews

    Walmex – Walmart’s Recent Initiatives In Mexico

    Walmex also looking at higher sales through the e-commerce channel. It launched e-commerce in Mexico in 2013. The growth has been moderate.

    By Phalguni Soni
  • uploads///Part
    Earnings Report

    Can Walmart Beat Wall Street Expectations in 3Q16?

    Walmart (WMT) is scheduled to release its earnings report for 3Q16 on November 17, 2015. Analysts project Walmart’s adjusted EPS to come in at $0.98 in 3Q16, a decline of 14.9% year-over-year.

    By Phalguni Soni
  • uploads///WMT Valuation
    Consumer

    Inside Walmart’s Valuation and Growth Outlook

    As of August 10, 2107, Wal-Mart Stores (WMT) stock was trading at a 12-month forward PE (price-to-earnings) of 18.2x.

    By Amit Singh
  • uploads///Part
    Earnings Report

    Why Walmart and Target Saw Same-Store Sales Growth in 3Q16

    Same-store sales growth came in at 1.5% in 3Q16 for Walmart US compared to 0.4% in 3Q15. Target’s (TGT) same-store sales grew 1.9% in 3Q16, driven by both higher traffic and transaction size.

    By Phalguni Soni
  • uploads///supermarket _
    Consumer

    Target Could Sustain Its Growth Momentum in Q3 2018

    Target is scheduled to announce its third-quarter results on November 20. Analysts expect Target to maintain its growth momentum.

    By Amit Singh
  • uploads///Part
    Miscellaneous

    Why Online Sales Are A Competitive Advantage For Staples

    The growth in ODP and OMX’s combined sales fell—compared to Staples. They were ~143% of SPLS’s sales in 2007. This is just over $8 billion. That fell to $7.3 billion in 2013.

    By Phalguni Soni
  • uploads///Amazon NA operating margins
    Company & Industry Overviews

    Amazon Is Increasing the Product Selection for Its Prime Program

    Amazon credits the Prime program’s popularity for the growth in its operating profits in 1Q15—Amazon’s best results in the US for the last few quarters.

    By Puneet Sikka
  • uploads///
    Earnings Report

    How eBay Views Its Opportunities in Israel

    eBay (EBAY) is optimistic about the growth opportunities that Israel presents, but it has been frustrated by the country’s tax system.

    By Neha Gupta
  • uploads///Part
    Earnings Report

    Target and Walmart at Opposite Ends of Earnings Guidance

    In its 2Q16 earnings release, Walmart revised its projections for fiscal 2016. It’s now expecting diluted EPS of $4.40–$4.70, down from its earlier guidance of $4.70–$5.05.

    By Phalguni Soni
  • uploads///Cost ANR
    Company & Industry Overviews

    Costco on the Street: Analyst Recommendations

    Of the 32 analysts covering Costco (COST), 69.0% have rated the stock as a “buy” as of April 5. The stock has been rated as a “hold” by 31% of these analysts.

    By Amit Singh
  • uploads///losers
    Company & Industry Overviews

    Which Consumer Sector Stocks Lost the Most Last Week?

    The Washington-based Costco Wholesale Corporation (COST) announced its fiscal 2Q18 results on March 7 after the market closed.

    By Sushree Mohanty
  • uploads///Best Buy same store sales
    Company & Industry Overviews

    Best Buy’s Merchandising Efforts Drive Same-Store Sales in 1Q16

    Best Buy’s same-store sales in the first quarter of fiscal 2016, which ended May 2, 2015, grew by 0.6%, beating analysts’ expectations of a decline of 0.4%.

    By Sirisha Bhogaraju
  • uploads///Shopify stock
    Analyst Price Target

    Shopify Withdraws 2020 Guidance, Stock Falls

    Shopify (NASDAQ:SHOP) stock fell 7.74% on April 1 after the company suspended its guidance due to the deadly coronavirus outbreak.

    By Sophia Nicholson
  • uploads///WMT price
    Consumer

    Walmart’s Stock Rises 20% Year-to-Date: Can It Rise More?

    The stock price of retail giant Walmart (WMT) has risen by 20.1% on a YTD (year-to-date) basis to $73.84, as of July 18. Walmart’s stock has outperformed the S&P 500 Index, which has risen 7.7% on a YTD basis.

    By Sirisha Bhogaraju
  • uploads///Factors affecting Feds rate hike decision
    Macroeconomic Analysis

    Is the US Economy Ready for Another Rate Hike?

    With the US economy gearing itself up for the another rate hike, investors are investing in short-term Treasury securities whose price will fall less in value when interest rates rise.

    By Lynn Noah
  • uploads///TGT Comps
    Miscellaneous

    Inside Target’s Growth Initiatives

    Target is planning to invest $2 billion in the current fiscal year and about $7 billion over the next three years.

    By Amit Singh
  • uploads///Intel stock
    Analyst Price Target

    Intel Stock: Why Are Analysts Bullish amid the Sell-Off?

    Lately, Intel has been facing numerous challenges. However, the stock could still be an excellent near-term buy amid the growing demand for high-end CPUs.

    By Sophia Nicholson
  • uploads///WMT STOCK
    Consumer

    Here’s Why Walmart Stock Is Trading at Record Levels

    Walmart (WMT) is trading at record highs thanks to its healthy sales growth and its ability to maintain market share despite heightened competition in the grocery space.

    By Amit Singh
  • uploads///Part
    Consumer

    Bullseye Results? Target’s Fiscal 4Q16 and 2016 Earnings

    Target declared its fiscal 4Q16 and 2016 results on February 24, overshooting the market consensus for the ninth straight quarter. Its fiscal 4Q16 revenues came in at $21.63 billion.

    By Phalguni Soni
  • uploads///Nordstrom Credit card revenue
    Company & Industry Overviews

    Nordstrom Completes Sale of Credit Card Portfolio to TD Bank

    On October 1, Nordstrom (JWN) announced the completion of the sale of its credit card portfolio to Toronto-Dominion Bank (TD), also known as TD Bank.

    By Sirisha Bhogaraju
  • uploads///eCommerce US retail sales by product category
    Earnings Report

    eBay management strategies for 2015

    After the separation of eBay and PayPal, eBay management plans to pursue an IPO (initial public offering) or sale of eBay Enterprise.

    By Patricia Garner
  • uploads///AdobeStock__Editorial_Use_Only
    Company & Industry Overviews

    Can Target Save Toys R Us from the Retail Graveyard?

    Target has just announced a partnership with Toys R Us parent company Tru Kids Brands to manage online sales and order fulfillment.

    By David Moadel
  • uploads///
    Company & Industry Overviews

    It’s Complicated: Amazon and Its Shipping Partners

    Amazon (AMZN) doesn’t disclose FBA revenues or exact numbers of enrolled vendors, but the company reported a 70% increase in the number of active users of the service during the recent holiday season.

    By Ruchi Gupta
  • uploads///Part
    Company & Industry Overviews

    Costco’s Industry Positioning: A Porter’s 5 Force Analysis

    Costco’s suppliers include companies like PepsiCo (PEP), Procter & Gamble (PG), and the Kraft Heinz Company (KHC). No single supplier accounts for over 5% of revenue.

    By Phalguni Soni
  • uploads///Wearable Market Share
    Company & Industry Overviews

    Apple Watch Has Made Rapid Strides in the Wearables Market

    At the June 2015 Worldwide Developers Conference in San Francisco, Apple released watchOS 2, its software update for Apple Watch.

    By Puneet Sikka
  • uploads///micron coronavirus
    Earnings Report

    Micron Stock Soars Due to Upbeat Earnings and Guidance

    Micron stock has risen around 6% in the pre-market trading session today. The company recorded better-than-expected second-quarter earnings.

    By Sophia Nicholson
  • uploads///Part
    Company & Industry Overviews

    Walmart’s Plan to Return Value to Shareholders

    The dividend and share buybacks are likely to provide some appeasement to Walmart shareholders in the face of anticipated headwinds. But what’s behind the value return plan are more troublesome.

    By Phalguni Soni
  • uploads///Estimated revenue growth
    Company & Industry Overviews

    Macy’s Could Benefit from Higher Demand for Consumer Electronics

    Macy’s is likely to benefit from its partnership with Best Buy given the growing demand for consumer electronics.

    By Sirisha Bhogaraju
  • uploads///shld pm
    Earnings Report

    Sears Holdings’ Revenue Fell, Income Rose in Fiscal 3Q15

    Sears has a market cap of $2.0 billion. Its YTD price movement both rose and fell in fiscal 2015. After it released its fiscal 3Q15 report, SHLD fell by 6.9%.

    By Gabriel Kane
  • uploads///alexandru tugui  unsplash
    Consumer

    Why Walmart Stock Fell More than 10% in Fiscal 4Q18

    Walmart (WMT) reported mixed fiscal 4Q18 results on February 20, 2018. After its results were released, Walmart stock fell more than 10%.

    By Amit Singh
  • uploads///WMT valuation
    Company & Industry Overviews

    Where Does Walmart’s Valuation Stand Compared to Its Peers?

    As of September 19, 2016, Walmart (WMT) was trading at a 12-month forward PE multiple of 16.6x, which is slightly above its YTD average forward PE of 16.4x.

    By Sirisha Bhogaraju
  • uploads///Part
    Company & Industry Overviews

    Walmart Lowers Capital Expenditure Projections

    Walmart has updated its capital expenditure projections for fiscal 2016. It expects to spend $12.4 billion in fiscal 2016, in the middle of the $11.6–$12.9 billion guidance range provided earlier.

    By Phalguni Soni
  • uploads///Part
    Company & Industry Overviews

    What’s Shaping Consumer Spending Trends at Walmart Stores?

    The average store-only shopper spends ~$1,400 per year at Walmart, while the online-only shopper spends ~$200.

    By Phalguni Soni
  • uploads///WMT Valuation
    Earnings Report

    How Walmart Compares to Its Peers

    On May 12, 2017, Walmart (WMT) was trading at a 12-month forward PE multiple of 17.5x.

    By Amit Singh
  • uploads///
    Fund Managers

    Berkowitz’s Fund Establishes Stake in Sears Canada

    To counter competitive pressures, Sears Canada sold leases worth $400 million in 2013 and reduced its workforce by 3,000 employees.

    By Santiago Solari
  • uploads///TGT Ratings
    Miscellaneous

    Did Analysts Change Their Views on Target after 1Q17 Results?

    The majority of analysts covering Target (TGT) remain neutral on the stock.

    By Amit Singh
  • uploads///Amazon gross margins_Q
    Company & Industry Overviews

    Amazon Lures Etsy Sellers to Populate Its Handcrafted Goods Site

    To help populate Handmade with handcrafted goods, the company rolled out an email campaign targeting Etsy sellers. Select Etsy sellers were invited to choose Amazon as their product marketplace.

    By Matilda James
  • who owns target corporation
    Consumer

    Who Owns Target and When Was It Founded?

    By Mohit Oberoi, CFA
  • uploads///WMT ANR
    Consumer

    Will Analysts Upgrade Walmart Stock?

    The majority of analysts covering Walmart (WMT) stock continue to have a neutral stance on the company’s prospects. About 50.0% of them have rated the stock a “hold.”

    By Amit Singh
  • uploads///TGT Comps
    Consumer

    Target’s Same-Store Sales Continue to Improve

    Target (TGT) has managed to report improved comparable-store sales (or comps) in the past three quarters, as the company’s turnaround plans have begun to yield results.

    By Amit Singh
  • uploads///TGT Sales
    Company & Industry Overviews

    Will Target’s Growth Measures Drive Sales Higher?

    Target’s top line is expected to benefit from its booming digital business, which is growing at a brisk pace and meaningfully contributing to its growth.

    By Amit Singh
  • uploads///COST Comps
    Consumer

    Costco Outperformed Target and Walmart with Comps Growth

    Costco (COST) continues to generate an industry-leading comparable-store sales growth rate despite increased competition and rivals ramping up their digital platforms.

    By Amit Singh
  • uploads///Part
    Earnings Report

    Why We’re Seeing Positive Trends For Mass Merchandisers

    US mass merchandisers benefited from lower energy prices at the pump, lower inflation, a competitive pricing environment, and an improving labor market.

    By Phalguni Soni
  • uploads///COST EPS
    Consumer

    Can Costco Surpass Its Fiscal 4Q17 Earnings Estimate?

    Analysts expect Costco (COST) to post adjusted earnings of $2.01 per share, representing a YoY (year-over-year) growth of 13.6%.

    By Amit Singh
  • uploads///eCommerce and retail sales growth
    Macroeconomic Analysis

    Why Amazon Could Experience a Great Holiday Season This Year

    All trends indicate that this year’s holiday season will be great for not only online retailers but also traditional brick-and-mortar players.

    By Puneet Sikka
  • uploads///shopping _
    Consumer

    Why Target Stock Fell More than 15% in November

    Target shares fell more than 15% in November following the company’s third-quarter results, which reflected continued pressure on the margins.

    By Amit Singh
  • uploads///store _
    Consumer

    Costco Shares Fell after Its Fourth-Quarter Results

    On October 4, Costco reported its fourth-quarter results for the period ending on September 2. The company finished the year on a strong note.

    By Amit Singh
  • uploads///Amazons Revenue Growth
    Consumer

    Why Amazon’s Top Line Has Been Rising Consistently

    Amazon is expected to announce its 2Q16 earnings results on July 21, 2016. It’s guiding for a revenue range of between $28.0 billion and $30.5 billion.

    By Amit Singh
  • uploads///Holiday Season
    Company & Industry Overviews

    A Growing Tactic Among Retailers: Price-Matching Policies

    Price-matching policies are gaining traction among leading retailers aiming to lure customers and gain a competitive edge during the holiday season.

    By Matilda James
  • uploads///TGT comps
    Company & Industry Overviews

    Target Stock Rose Due to Upbeat Comps Outlook

    On July 13, 2017, Target (TGT) shares rose ~5% after the company raised its fiscal 2Q17 comps outlook. The company’s reversal was a surprise.

    By Amit Singh
  • uploads///WMT Stock
    Consumer

    Why Walmart Stock Underperformed in H1 2018

    After seeing stellar growth in 2017, Walmart (WMT) stock underperformed in the first six months of 2018.

    By Amit Singh
  • uploads///TGT Sales
    Earnings Report

    What’s behind Target’s Stellar Traffic Growth in Q1 2018?

    Target (TGT) sustained its sales momentum in the fiscal first quarter. The company’s growth measures have started to hold ground.

    By Amit Singh
  • uploads///AdobeStock__Editorial_Use_Only
    Consumer

    Costco Stock Rose after Reporting Strong Sales in June

    On Wednesday, Costco (NASDAQ:COST) reported its net sales for June. For the five weeks ended on July 5, the company reported net sales of $16.18 billion.

    By Rajiv Nanjapla
  • uploads///beyond meat value offering
    Consumer

    Beyond Meat Unveils Value Product through Walmart and Target

    Beyond Meat (NASDAQ:BYND) stock surged 2.9% on Wednesday. The company will offer affordable burgers through major US retailers.

    By Sirisha Bhogaraju
  • uploads///Apple Floyd killing
    Technology & Communications

    Apple Condemns George Floyd Killing, Highlights Its Diversity

    Apple (NASDAQ:AAPL) decided to comment on the killing of George Floyd and the violent aftermath. CEO Tim Cook sent a memo to staff addressing the issue.

    By Ruchi Gupta
  • uploads///costco _
    Earnings Report

    Costco’s Q3 Results Weren’t Impressive: Is It Still a Buy?

    Costco (NASDAQ:COST) posted mixed results for the third quarter of fiscal 2020 after the markets closed on May 28. Lower traffic took a toll on the company.

    By Amit Singh
  • uploads///henry co MkGFWvOps unsplash
    Consumer

    Should Investors Avoid Costco Stock before Its Q3 Earnings?

    Costco Wholesale (NASDAQ:COST) will likely announce its results for the third quarter of fiscal 2020 after the markets close on May 28.

    By Amit Singh
  • uploads///AdobeStock__Editorial_Use_Only
    Consumer

    Why Is Target a ‘Buy’ after Its Q1 Earnings?

    Target (NYSE:TGT) reported its first-quarter results on May 20. For the quarter, the company reported revenues of $19.62 billion.

    By Rajiv Nanjapla
  • uploads///walmart q
    Consumer

    Walmart’s Q1 Earnings Soared on Pandemic-Led Demand

    Retail giant Walmart (NYSE:WMT) proved its might with strong results for the first quarter of fiscal 2021 despite the COVID-19 crisis.

    By Sirisha Bhogaraju
  • uploads///Costco
    Consumer

    Costco’s Sales Fell in April, Is the Stock Still a Buy?

    The COVID-19 pandemic didn’t spare Costco (NASDAQ:COST). The company’s net sales fell by 1.8% YoY to $11.39 billion for the retail month of April.

    By Sirisha Bhogaraju
  • uploads///target business update
    Consumer

    Target Provides Business Update, Should You Buy the Stock?

    In the latest business update, Target disclosed that its comparable sales have risen by over 7% quarter-to-date in the first quarter of fiscal 2020.

    By Sirisha Bhogaraju
  • uploads///Bed Bath Beyond
    Consumer

    Bed Bath & Beyond Stock Surges, Q4 Results Beat Estimates

    Bed Bath & Beyond stock has risen 20.6% as of 11:06 AM ET today. The company’s fourth-quarter earnings beat Wall Street’s expectations.

    By Sirisha Bhogaraju
  • uploads///Target
    Consumer

    Why Target Stock Fell despite BMO Capital’s Upgrade

    On Wednesday, BMO Capital upgraded Target (NYSE:TGT) from a “market perform” to “outperform” rating. The firm also raised its 12-month target price.

    By Rajiv Nanjapla
  • uploads///Walmart stock
    Consumer

    Citi Gives Walmart a ‘Buy’ Rating, Sees 15% Upside

    Walmart (NYSE:WMT) earned a “buy” recommendation from Citi on April 8. Walmart is well-positioned due to the spike in demand for consumables.

    By Sirisha Bhogaraju
  • uploads///Costco
    Consumer

    Costco Stock Looks Attractive amid COVID-19 Pandemic

    Costco (NASDAQ:COST), like Walmart (NYSE:WMT) and Target (NYSE:TGT), is one of the companies that’s benefiting amid the coronavirus pandemic.

    By Sirisha Bhogaraju
  • uploads///kroger demand
    Consumer

    Kroger Stock Surges, Strong Sales Update amid Pandemic

    Kroger stock has risen 2.7% as of 1:00 PM ET today. The stock rose even though the broader market collapsed due to increased coronavirus cases.

    By Sirisha Bhogaraju
  • uploads///Dominos Pizza stock
    Consumer

    Domino’s Pizza Withdraws Its Guidance, Stock Falls

    Domino’s Pizza (NYSE:DPZ) stock fell in the pre-market session on March 31. The restaurant chain pulled its guidance due to the coronavirus outbreak.

    By Sophia Nicholson
  • uploads///Apple iPhone
    Technology & Communications

    Coronavirus Will Likely Hit Apple’s iPhone Orders in Q2

    Lately, Apple stock has been hit hard. The coronavirus outbreak disrupted the global supply chain and dented the demand and supply of the company’s iPhones.

    By Sophia Nicholson
  • uploads///gap stock falls
    Company & Industry Overviews

    Gap Stock Falls, Withdraws Guidance and Halts Dividends

    Gap stock has fallen during the trading session today. The company announced that it will withdraw its guidance, halt its dividend, and cut expenses.

    By Sophia Nicholson
  • uploads///target scales back
    Consumer

    Target Withdraws Guidance, Scales Back Growth Plans

    On Wednesday, Target withdrew its guidance for the first quarter of fiscal 2020 and fiscal 2020 due to uncertainty arising from the coronavirus outbreak.

    By Sirisha Bhogaraju
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