Dollar Tree, Inc. (NASDAQ:DLTR) reported slightly lower than expected Q2 comps, and RBC Capital thinks that the company’s Q3 guidance was “somewhat conservative.” The firm still to expects the company to thrive within the current weak economy, and it keeps an Outperform rating on the stock. Also, BMO Capital has increased its FY12 EPS estimate for the company above guidance, as it predicts that the company will buy back stock, which is not included in guidance. The firm keeps its Outperform rating and a $60 target on the stock.
Don’t Miss: Why Was Apple RUSHING To Close This DEAL?
Ares Capital Corporation (NASDAQ:ARCC): According to SunTrust, Ares Capital’s $350 million equity raise suggests that the company has healthy investment opportunities and will possess a greater capacity to add to its portfolio. The firm keeps its Buy rating and recommends purchasing shares on weakness. The company’s price target has been raised to $17.75 from $17.30.
FedEx Corporation (NYSE:FDX) estimates were lowered by Goldman due to slower near-term volume growth, but the firm believes that the market is overly discounting earnings risk, and it reiterates its Buy rating and $101 price target.
Gap Inc. (NYSE:GPS) targer was raised by BMO Capital increased after the company reported a higher Q2 EPS than expected. The firm thinks that that all areas of the company’s business had solid showings, and it keeps an Outperform rating on the stock.
Don’t Miss: Do Hedge Funds Still Have Faith in GOLD?
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
Learn More
There's always a bull market in some sector! Find the best opportunities in commodities.
Learn more
At last, a trading system that buys the right ETFs at the right time, time after time!
Learn more