Retail Stocks Crushed as Target (TGT) and Walmart (WMT) Reports Showed 'Dramatic' Margin Pressure; TJX (TJX) Up 10% on Stronger Margin Performance Than Peers
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Dollar General (DG) and Dollar Tree (DLTR) Defended at Loop Capital, 'we continue to believe the long-term fundamental theses'
May 20, 2022 7:05 AM EDTDollar General (NYSE: DG) and Dollar Tree (NASDAQ: DLTR) are being defended at Loop Capital. The firm reiterates Buy on both names.
Analyst Anthony Chukumba comments "We have updated our periodic deep discount retailers pricing study in... More
Morgan Stanley Names The TJX Companies (TJX) 'as our Top Pick in Softlines'
May 20, 2022 3:45 AM EDTMorgan Stanley analyst Kimberly Greenberger reiterated an Overweight rating and $80.00 price target on The TJX Companies (NYSE: TJX).
The analyst comments "We select TJX as our top pick in Softlines. The 1Q22report puts the tough stimulus lap in the rearview, & updated FY... More
Buy Pullback in Target (TGT) Shares - Raymond James
May 19, 2022 8:15 AM EDTDespite very weak results reported by Target (NYSE: TGT) yesterday, which forced shares to close 25% lower on the day, Raymond James analyst Bobby Griffin is telling clients to use the pullback to buy shares.
We continue to be buyers on the pullback, and see Target as a long-term winner in... More
Ross Stores (ROST), Burlington (BURL) Trade Higher in Sympathy with TJX Cos. (TJX)
May 18, 2022 11:02 AM EDTRoss Stores (NASDAQ: ROST), Burlington (NYSE: BURL) Trade Higher in Sympathy with TJX Cos. (NYSE: TJX)
ROST +4%BURL +6%TJX +9.7% Following Results... More