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AMZN

Amazon.com

$1,964.78

-13.57 (-0.69%)

, TGT

Target

$88.02

-0.48 (-0.54%)

07:34
07/20/19
07/20
07:34
07/20/19
07:34

Time to aim higher on Target's stock, Barron's says

As retailers have announced plans to shut over 7,000 stores in the U.S. this year, Target (TGT) has emerged as one of the winners, Avi Salzman writes in this week's edition of Barron's. Its 1,851 stores have withstood the pressures from Amazon (AMZN) and the ascendancy of online shopping and have benefited from a shakeout in its rivals' stores, he adds. In recent years, Target has spent heavily to bolster its web operations and keep prices low, and now, its operating earnings are swinging higher again, the author contends. Reference Link

AMZN

Amazon.com

$1,964.78

-13.57 (-0.69%)

TGT

Target

$88.02

-0.48 (-0.54%)

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AMZN Amazon.com
$1,964.78

-13.57 (-0.69%)

07/11/19
RAJA
07/11/19
NO CHANGE
RAJA
Outperform
Raymond James says Amazon training news read-through positive for Pluralsight
After Amazon (AMZN) announced plans to spend $700M to train about 100,000 of its U.S. employees for in-demand positions, Raymond James analyst Brian Peterson said the read-through from this news is positive for Pluralsight (PS). While the spending relates to both technical and non-technical employees, it's "clearly become an increased point of emphasis for Amazon to improve the technical acumen" of its employees, said Peterson, who keeps an Outperform rating on Pluralsight shares.
07/15/19
LOOP
07/15/19
NO CHANGE
Target $2380
LOOP
Buy
Amazon.com's Prime Day to be 'highly successful', says Loop Capital
Loop Capital analyst Anthony Chukumba kept his Buy rating and $2,380 price target on Amazon.com, saying he expects the company's 48-hour Prime Day starting this morning to be "highly successful". The analyst sees the event as an opportunity to highlight Amazon's launch of one-day delivery for Prime members as it serves the purpose of generating "significant volume" during the seasonally slow time of the year and driving incremental Prime subscriptions.
07/16/19
CHLM
07/16/19
NO CHANGE
Target $15
CHLM
Buy
Craig-Hallum says Spartan order is from Amazon, boosts price target to $15
Craig-Hallum analyst Steve Dyer raised his price target for Spartan Motors (SPAR) to $15 from $12 after the company announced a 2,237 unit walk-in van order from a leading North American e-commerce company, which the analyst believes to be Amazon.com (AMZN). The stock in morning trading is up 14%, or $1.39, to $11.30. Dyer estimates the award is worth $70M, accretive to margins, and likely incremental to prior guidance. This announcement, combined with industry checks, suggests Spartan's business is "strong," the analyst tells investors in a research note. He thinks think there could be upside to the company's consensus estimates and reiterates a Buy rating on the shares.
07/18/19
BMOC
07/18/19
NO CHANGE
Target $440
BMOC
Outperform
Netflix price target lowered to $440 from $470 at BMO Capital
BMO Capital analyst Daniel Salmon lowered his price target on Netflix (NFLX) to $440 after its reported shortfall on subscriber addition in Q2, which he expects to "fuel the debate" about the company's pricing power and the role of new content. Given the sequential decline in its U.S. markets and the approaching launch of Disney+ (DIS), the analyst contends that this may be a "more than just the usual" earnings-miss driven debate. Longer term however, Salmon believes that the company's revenue trend remains on track, keeping his Outperform rating on the stock and recommending Netflix, Amazon (AMZN), and Disney as a "collective investment" in the global streaming race.
TGT Target
$88.02

-0.48 (-0.54%)

07/10/19
DADA
07/10/19
NO CHANGE
Target $48
DADA
Buy
Overstock tech stack would be valuable to strategic buyers, says DA Davidson
DA Davidson analyst Tom Forte reiterated his Buy rating and $48 price target on shares of Overstock.com (OSTK) following the company's announcement regarding its awards for its technology, stating that he sees the awards as consistent with a prior Chain Store Age study that found its website had among the fastest response times on Black Friday. Forte said that he believes Overstock's technology would "enable the three potential suitors we have written the most about," namely Costco (COST), Target (TGT), and TJMaxx (TJX), to advance their own e-commerce efforts, among other things.
07/11/19
GSCO
07/11/19
INITIATION
Target $102
GSCO
Conviction Buy
Target initiated with a Conviction Buy at Goldman Sachs
Goldman Sachs analyst Kate McShane started Target with a Buy rating and added the shares to her firm's Americas Conviction List with a $102 price target. Target is starting to benefit meaningfully from door closures, and an inflection in operating income growth should drive accelerating earnings growth, McShane tells investors in a research note.
07/11/19
07/11/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Microsoft (MSFT) initiated with an Outperform at Cowen. 2. Petrobras (PBR) initiated with a Buy at Goldman Sachs. 3. Navidea (NAVB) initiated with a Buy at Maxim. 4. Immunic (IMUX) initiated with a Buy at Chardan. 5. Target (TGT) was initiated with a Conviction Buy at Goldman Sachs, while Walmart (WMT), Home Depot (HD), Lowe's (LOW), and Costco (COST) were initiated with a Buy, and Bed Bath & Beyond (BBBY) was initiated with a Sell. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
07/15/19
DBAB
07/15/19
INITIATION
Target $85
DBAB
Hold
Target assumed with a Hold at Deutsche Bank
Target $85.Deutsche Bank analyst Paul Trussell assumed coverage of Target with a Hold rating and $85 price target. The analyst continues to see a shift in dollar share with the rise of e-commerce, fresh, and limited assortment stores, in addition to wholesale clubs and supercenters, at the expense of independents and other regional grocers.

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