Wall Street falls, department stores take a drubbing
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
J. C. Penney (JCP) PT Lowered to $4 at UBS; 'Negative Trends at Core, Very Tough Path to Hit '17 Guidance'
May 15, 2017 10:28 AM EDTUBS lowered its price target on J. C. Penney (NYSE: JCP) to $4.00 (from $5.00) while maintaining a Sell rating, following the company's first quarter earnings report.
Analyst Michael Binetti notes the company is dealing with negative core trends and a difficult retail environment, making 2017 guidance... More
J. C. Penney (JCP) PT Lowered to $6 at BMO Capital Following 1Q
May 15, 2017 9:31 AM EDTBMO Capital lowered its price target on J. C. Penney (NYSE: JCP) to $6.00 (from $8.00) while maintaining a Market Perform rating.... More
Macy's (M) PT Lowered to $36 at BMO Capital on 1Q Miss; '5.2% SSS Decline... Margin Pressure in a Few Other Categories'
May 12, 2017 9:39 AM EDTBMO Capital lowered its price target on Macy's (NYSE: M) to $36.00 (from $39.00) while maintaining a Outperform rating, following the company's first quarter earnings report.
Analyst Wayne Hood notes the company delivered first quarter earnings per share and revenue results below consensus... More
The Trade Desk (TTD) PT Raised to $55 at Citi
May 12, 2017 9:22 AM EDTCiti raised its price target on The Trade Desk (NASDAQ: TTD) to $55.00 (from $39.00) while maintaining a Buy rating.
... MoreMacy's (M) PT Lowered to $27 at Jefferies Following 1Q
May 12, 2017 7:44 AM EDTJefferies lowered its price target on Macy's (NYSE: M) to $27.00 (from $35.00) while maintaining a Hold rating. The company's 1Q EPS missed expectations, owing to weaker than expected comps and greater than expected GM pressure.
Management reaffirmed its FY18 EPS outlook, with comps accelerating... More
