-
Target Unveils $15 Billion Sales Growth Strategy: Analysts Cut Forecasts, Say Plan Appears Difficult Given Consumer, Tariff Concerns
Wednesday, March 5, 2025 - 12:26pm | 524Shares of Target Corp (NYSE:TGT) tanked in early trading on Wednesday, after the company announced its sales growth strategy. Here are some key analyst takeaways. Roth Capital Partners On Target Analyst Bill Kirk maintained a Neutral rating, while slashing the price target from $131 to $122. Target...
-
Target Q4 Beats Expectations, Analysts See Profit Pressure Ahead
Tuesday, March 4, 2025 - 12:26pm | 569Shares of Target Corp (NYSE:TGT) were trading lower on Tuesday, after the company reported its fourth-quarter results. The results came in amid an exciting earnings season. Here are some key analyst takeaways. Telsey Advisory Group On Target Analyst Joseph Feldman reiterated an Outperform rating...
-
Constellation Brands Posts Q2 Beat, But Analysts Express Concern Around Back-Half Performance
Friday, October 4, 2024 - 10:41am | 713Constellation Brands, Inc. (NYSE:STZ) announced upbeat earnings for its second quarter on Thursday. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Truist Securities On Constellation Brands Analyst Bill Chappell reiterated a Hold rating, while...
-
Costco's Strong Q4 Performance Sparks Mixed Analyst Reactions As Stock Slides
Friday, September 27, 2024 - 10:35am | 1003Costco Wholesale Corporation (NASDAQ:COST) shares were down in early trading on Friday, even after the company reported upbeat results for its fiscal fourth quarter. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Truist Securities On Costco...
-
Costco 'Firing On All Cylinders': 6 Analysts Size Up Q3, Catalysts Of 'Membership Fee Hike And Stock Split'
Friday, May 31, 2024 - 1:54pm | 821Retailer Costco Wholesale Corporation (NASDAQ:COST) reported third-quarter revenue and earnings per share that beat estimates from analysts. Analysts are weighing in with their reactions to the earnings report and what's next for the retailer. The Costco Analysts: BMO analyst Kelly Bania has an...
-
Walmart Growth Incentives 'Are Hitting Stride', 6 Analysts Explore Q1 Earnings
Friday, May 17, 2024 - 12:10pm | 783Shares of Walmart Inc (NYSE:WMT) reported better-than-expected results for its first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways. Bank of America analyst Robert Ohmes maintained a Buy rating, while raising the price target from $67 to $75....
-
Analysts Praise Target's Q3 Results, Gross Margins, But Have Cautious Tone For Future: Retailer 'Facing The Largest Macro Headwinds'
Thursday, November 16, 2023 - 2:11pm | 859Retailer Target Corp (NYSE:TGT) reported third-quarter financial results that included revenue and earnings per share coming in ahead of estimates from analysts. Here's a look at what analysts are saying about the company after the report. The Target Analysts: Bank of America analyst Robert F....
-
Why Canopy Growth Is Trading Higher Today
Tuesday, May 25, 2021 - 8:40am | 291Canopy Growth Corp (NASDAQ: CGC) is trading higher Tuesday morning following an upgrade from MKM Partners. What Happened: MKM Partners analyst Bill Kirk upgraded Canopy Growth from Neutral to Buy and announced a CA$55 ($45.70) price target. On May 20, Canopy Growth...
-
The Street Debates Whether Costco Investors Should Buy The Dip
Friday, September 25, 2020 - 11:04am | 699Costco Wholesale Corporation (NASDAQ: COST) reported a top-and-bottom line beat in the fourth quarter, but shares moved lower following the earnings release Thursday afternoon. Here's how the Street reacted. The Costco Analysts: BofA Securities analyst Robert Ohmes maintained a...
-
4 Walmart Analysts On Q2 Report, What's Next For Retail Giant
Wednesday, August 19, 2020 - 3:32pm | 791Retail behemoth Walmart Inc (NYSE: WMT) reported second-quarter results Tuesday that came in much better than expected across multiple metrics. Here's how the Street reacted. The Walmart Analysts Raymond James analyst Bobby Griffin maintains an Outperform rating on Walmart's stock...
-
Canopy Growth Is Growing More Pot Than It Can Sell, MKM Says
Thursday, June 4, 2020 - 2:42pm | 323While Canopy Growth Corp (NYSE: CGC) has announced strategic changes that could help lower its cost burden, the company is “sized for growth” that may not materialize in the medium-term, according to MKM Partners. The Canopy Growth Analyst Bill Kirk maintained a Neutral rating on Canopy...
-
Canopy Growth Analysts Back Closures, Layoffs: 'A Bold Move'
Thursday, March 5, 2020 - 12:33pm | 538Cannabis company Canopy Growth Corp (NYSE: CGC) announced a "production optimization plan" Wednesday that involves closing two facilities and slashing 500 jobs. The Canopy Growth Analysts MKM Partners’ Bill Kirk reiterated a Neutral rating on Canopy. BofA’s...
-
Cronos Analyst Sees 'Compelling Value,' Upgrades Pot Stock Amid Delay In Financials
Wednesday, March 4, 2020 - 12:35pm | 424Cronos Group Inc. (NASDAQ: CRON) shares have fallen 74.84% in the last 12 months. On Monday, the company announced it is postponing the release of its financial results again. On Tuesday, Stifel downgraded the stock from Buy to Hold with a price target lowered from CA$12 ($8.95) to...
-
Tilray Shares Fall After Q4 Print, Analyst Questions Positive EBITDA Projection
Tuesday, March 3, 2020 - 3:49pm | 490Tilray Inc (NASDAQ: TLRY) reported a fourth-quarter adjusted EBITDA loss of $35 million, highter than the $20.4-million loss the Street was expecting and Tilray's $13.3-million loss in the same period last year. The company posted a net loss of $219.1 million, or $2.14 per share,...
-
Aurora Cannabis Analyst Drops Bearish Stance, But Is Far From Convinced
Friday, February 14, 2020 - 4:37pm | 359Aurora Cannabis Inc. (TSE: ACB) (NYSE: ACB) still isn't a Buy, according to MKM Partners, but the sell-side firm dropped its bear stance on the stock Friday — still saying "issues abound" with the Canadian marijuana company's outlook. The Aurora Cannabis Analyst Bill...