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Citigroup Raises PT on Macy's to $47
Thursday, November 10, 2011 - 8:14am | 25Citigroup has raised the price target on Macy's (NYSE: M) from $45 to $47 and maintains its Buy rating.
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Goldman Sachs Raises PT on Macy's to $32
Thursday, November 10, 2011 - 7:18am | 26Goldman Sachs has raised the price target on Macy's (NYSE: M) from $30 to $32 and maintains its Neutral rating.
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End-of-Day Market Summary for November 9, 2011
Wednesday, November 9, 2011 - 5:10pm | 688This is your Benzinga news summary and traders' summary for Wednesday, November 9, 2011, covering headlines from Wednesday's trading session. Today at market close, the Dow Jones Index traded down about 389.31 points or 3.2%, the S&P 500 traded 3.67% lower, the Nasdaq Composite Index traded...
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Miracle or Not at 34th Street for Macy's?
Wednesday, November 9, 2011 - 4:01pm | 749Macy's (NYSE: M) reported third quarter earnings that beat Wall Street estimates this morning, but shares are selling off sharply, as the company cut guidance. Virigina, there might not be a Santa Claus this year, as least judging from the fourth quarter guidance from the department store company...
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Deutsche Bank Has Buy on Macy's After Earnings
Wednesday, November 9, 2011 - 2:51pm | 139Deutsche Bank is out with a research report on Macy's (NYSE: M) and it has a Buy rating and a $35 price target on shares. In a note to clients, Deutsche Bank writes, "We've seen this movie before by Macy's and its one of the several reasons we like the stock. Simply put, under-promise/over-deliver...
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J.P. Morgan Overweight on Macy's
Wednesday, November 9, 2011 - 2:43pm | 209J.P. Morgan is out with a research report on Macy's (NYSE: M) and it has an Overweight rating and a $36 price target on shares after it reported earnings. In a note to clients, J.P. Morgan writes, "Macy's reported 3Q EPS of $0.32, $0.15 above our $0.17 estimate and $0.16 above the Street....
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Deutsche Bank Raises PT on Macy's to $35
Wednesday, November 9, 2011 - 11:35am | 26Deutsche Bank has raised the price target on Macy's (NYSE: M) from $34 to $35 and maintains its Buy rating.
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Top 4 NYSE Stocks In The Department Stores Industry With The Lowest PEG Ratio
Tuesday, November 8, 2011 - 5:26am | 121Below are the top department stores stocks on the NYSE in terms of PEG ratio. Kohl's Corporation (NYSE: KSS) has a PEG ratio of 0.96. KSS' trailing-twelve-month ROE is 15.08%. The TJX Companies Inc (NYSE: TJX) has a PEG ratio of 1.19. TJX's trailing-twelve-month revenue is $22.55 billion. Macy's...
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Macy's Earnings Preview: Analysts Expect Higher EPS, Revenue
Friday, November 4, 2011 - 9:12am | 573Macy's (NYSE: M) announces its next round of earnings this Wednesday, November 9, 2011. Get the latest predictions in Benzinga's essential guide to the company's third quarter earnings report. Earnings and Revenue: Analysts are predicting an EPS reading of 16 cents/share and revenues of $5.88...
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What's Hot on TheStreet
Thursday, November 3, 2011 - 1:30pm | 311Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet Biggest Neat Freaks Live in Tennessee Congratulations, Knoxville, Tenn. -- you're the cleanest city in the U.S.! Or, at least, you should be, based on how much your residents spend a month on household cleaning...
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Midnight Black Friday Sales: Don't Buy Hype
Thursday, November 3, 2011 - 10:09am | 88(MainStreet) -- Retailers are pushing early morning Black Friday sales, with Macy's (NYSE: M), Target (NYSE: TGT) and Kohl's (NYSE: KSS) all following Wal-Mart's (NYSE: WMT) lead and announcing midnight sales on Nov. 25. Experts say consumers shouldn't necessarily buy into the hype. Continue...
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Macy's October Same-Store Sales up 2.2%
Thursday, November 3, 2011 - 8:00am | 52Macy's, Inc. (NYSE: M) today reported total sales of $1.842 billion for the four weeks ended Oct. 29, 2011, an increase of 2.0 percent compared with total sales of $1.806 billion in the four weeks ended Oct. 30, 2010. On a same-store basis, Macy's, Inc. sales were up 2.2 percent in October.
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Have You Winterized Your Portfolio?
Monday, October 31, 2011 - 11:51am | 984After today's Witch, Ghost and Free Candy Spree (also known as "Halloween"), the economic world's focus will quickly switch to two things: the presidential nomination process for the Republicans, which could yield any number of business-impacting proposals, and the impending doom of another winter...
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Is Amazon a Buy After Poor Q3 Earnings?
Wednesday, October 26, 2011 - 2:22pm | 826Who doesn't love Amazon (NASDAQ: AMZN)? Their easy to use website has helped myself and millions of other Americans buy items at discounted rates. They have also released e-reader devices and tablets. However, Amazon recently reported poor third quarter earnings. In fact, Amazon reported an EPS of...
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Fast Money Picks For October 26th (GIS, M, JNPR)
Tuesday, October 25, 2011 - 7:05pm | 135CNBC Fast Money's Guy Adami would buy General Mills, Inc. (NYSE: GIS) on Wednesday. General Mills, Inc. (GIS) lost 0.72% today, and it closed at $38.82. Dan Nathan wants to buy weekly put spreads tomorrow. Karen Finerman thinks that it would be wise to sell a little bit of Macy's, Inc. (NYSE: M)...