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Goldman Sachs Lowers PT On Dollar Tree Stores To $73
Friday, August 19, 2011 - 5:10am | 28Goldman Sachs has lowered the price target on Dollar Tree Stores (NASDAQ: DLTR) from $73 to $72 and maintains its Neutral rating.
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Piper Jaffray Raises PT On Target To $62
Friday, August 19, 2011 - 5:02am | 27Piper Jaffray has raised the price target on Target Corporation (NYSE: TGT) from $60 to $62 and maintains its Overweight rating.
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Fast Money Picks For August 19th (PCG, TGT, AMGN)
Thursday, August 18, 2011 - 7:05pm | 143CNBC Fast Money's Brian Kelly said on the show that you should sell silver tomorrow. Guy Adami believes that PG&E Corporation (NYSE: PCG) should be bought on Friday. PG&E Corporation (PCG) gained 0.12% today, and it closed at $41.30. Karen Finerman still likes Target Corporation (NYSE:...
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Morgan Stanley Reiterates Dollar Tree Overweight
Thursday, August 18, 2011 - 3:06pm | 119Morgan Stanley reiterated its Dollar Tree (NASDAQ: DLTR) Overweight rating in a research report published today. Morgan Stanley has previously given Dollar Tree a $70 price target. In the report, Morgan Stanley states, "Investment conclusion: While DLTR sold off early due to an in-line EPS guide...
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Notable Put Options Activity in Dollar Tree
Thursday, August 18, 2011 - 9:32am | 92Shares of Dollar Tree (NASDAQ: DLTR) are lower on the session by 4.17%, currently trading at $63.70. The stock has been moving largely higher over the past six months, but it is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the...
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Money Doesn't Grow On Dollar Trees
Thursday, August 18, 2011 - 8:48am | 766With so much uncertainty in the U.S. economy, it is easy to see why there is tremendous interest in the dollar store space. Apparently though, money does not grow on trees, Dollar trees that is. Dollar Tree, Inc. (NASDAQ: DLTR) shares are getting rocked this morning, after the company came out...
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Morgan Stanley Maintains Overweight on Dollar Tree
Thursday, August 18, 2011 - 8:38am | 80Morgan Stanley is out with its report today on Dollar Tree (NASDAQ: DLTR), maintaining Overweight. In its report, Morgan Stanley writes, "We would use any weakness as a buying opportunity as Dollar Tree represents a solid executor in a shaky environment. 3Q represents the most difficult sales...
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Earnings Roundup
Thursday, August 18, 2011 - 8:07am | 1563Tech Data Corp (NASDAQ: TECD) reported a 23% rise in its fiscal second-quarter earnings. Tech Data reported its quarterly profit at $50.1 million, or $1.10 per share, up from $40.9 million, or $0.82 per share, in the year-ago period. Its net sales surged 18% to $6.45 billion. However, analysts were...
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UPDATE: Citi Raises PT on Target to $63
Thursday, August 18, 2011 - 7:51am | 95Citi is out with its report today on Target (NYSE: TGT), raising its PT to $63 from $61. In its report, Citi writes, "We are raising our target price for TGT to $63, up from $61 previously, to reflect our updated forward P/E valuation. We arrive at our $63 target price using a 14x target forward P...
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UPDATE: Dollar Tree Reports Upbeat Q2 Profit, Lifts Full-Year Earnings Forecast
Thursday, August 18, 2011 - 7:34am | 109Dollar Tree Inc (NASDAQ: DLTR) reported a 22% rise in its fiscal second-quarter earnings and lifted its earnings forecast for the year. Dollar Tree reported its quarterly profit at $94.9 million, or $0.77 per share, up from $78 million, or $0.61 per share, in the year-ago period. Its net sales...
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Jefferies Has Hold On Target
Thursday, August 18, 2011 - 7:24am | 111Jefferies & Co. is out with a research report on Target (NYSE: TGT) after it reported earnings. It has a Hold rating and a $51 price target on shares. In a note to clients, Jefferies & Co. writes, "Target posted better than expected results this quarter, although much of the beat,...
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Citigroup Raises PT On Target To $63
Thursday, August 18, 2011 - 7:04am | 26Citigroup has raised the price target on Target Corporation (NYSE: TGT) from $61 to $63 and maintains its Buy rating.
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News Summary for August 18, 2011
Thursday, August 18, 2011 - 6:46am | 685This is your Benzinga news summary and traders' outlook for Thursday, August 18, 2011, covering headlines from overnight and Thursday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading lower. Morgan Stanley lowered its global growth targets for both 2011...
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Piper Jaffray Raises PT on Target to $60
Thursday, August 18, 2011 - 6:30am | 81Piper Jaffray is out with its report today on Target (NYSE: TGT), raising its PT to $60 from $58. In its report, Piper Jaffray writes, "We are raising our estimates as follows: FQ3 from $0.73 to $0.74; FQ4 from $1.47 to $1.50; FY12 from $4.15 to $4.25; and FY13 from $4.41 to $4.48. Our price...
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Piper Jaffray Raises PT On Target To $60
Thursday, August 18, 2011 - 5:22am | 27Piper Jaffray has raised the price target on Target Corporation (NYSE: TGT) from $58 to $60 and maintains its Overweight rating.