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Top 7 Blue-Chip Stocks With The Best Return Potential Going Into 2025
Wednesday, December 25, 2024 - 10:00am | 2500Read More...The year 2024 saw the U.S. stock market make new records, with major indices breaching key milestones. While many stocks witnessed a stellar rally this year, analysts still expect some blue-chip equities to rise further as they forecast a better return potential. Dow’s Performance In 2024 The...
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Target's Positive Quarterly Results Catch Some Investors Off-Guard
Wednesday, February 26, 2014 - 4:40pm | 608Read More...On Wednesday, Target (NYSE: TGT) reported its fourth quarter results. Investor sentiment was generally low. After all, the company is still in crisis mode: dealing with a massive data breach and word that its recent expansion to Canada is off to a poor start. Target's results may have caught...
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Wal-Mart Analyst Wrap
Thursday, November 14, 2013 - 3:50pm | 425Read More...Wal-Mart Stores (NYSE: WMT) reported their third quarter earnings this morning. Walmart reported Q3 EPS of $1.14 versus the estimated $1.13, up six percent from 3Q12. Revenue came in slightly below estimates at $115.69 billion and sales were up two percent YoY. The company narrowed FY2013...
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Holiday Overview of Best Buy
Monday, November 11, 2013 - 12:21pm | 688Read More...With the Holiday Season in full swing, analysts comment on improvements by Best Buy (NYSE: BBY) and increase estimates before the company's report on third quarter results. On October 21, ISI analyst Greg Melich raised 2013 EPS from $2.35 to $2.45 and 2014 EPS from $2.65 to $2.80. Melich...
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ISI Group Reiterates on Target Corporation Ahead of Investor Day
Thursday, October 24, 2013 - 10:18am | 195Read More...In a report published Thursday, ISI Group analyst Greg Melich reiterated a Buy rating and $70.00 price target on Target Corporation (NYSE: TGT). In the report, ISI Group noted, “Target's October 30th Investor Day is a chance to update long term goals, as well as outline strategies for turning the...
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UPDATE: ISI Group Downgrades Target on Traffic Pressures
Thursday, August 22, 2013 - 10:54am | 129Read More...In a report published Thursday, ISI Group analyst Greg Melich downgraded the rating on Target Corporation (NYSE: TGT) from Strong Buy to Buy. In the report, ISI Group noted, “We continue to believe doubling of FCF in 2014 will drove buybacks to $3bn, while Canada will begin generating positive...
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ISI Group Reiterates Buy Rating on Lowe's Following Orchard Supply Purchase
Monday, June 17, 2013 - 10:53am | 150Read More...In a report published Monday, ISI Group analyst Greg Melich reiterated a Buy rating and $47.00 price target on Lowe's (NYSE: LOW). In the report, ISI Group noted, “Lowe's agreed to purchase Orchard Supply, a California hardware store, for $205mn plus payables that were ~$50mn at year end. While...
