- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
JB Hunt Transport Services Inc. (NASDAQ:JBHT): Deutsche Bank says shares of J.B. Hunt are likely to be under pressure this morning after the company reported their second quarter results last night. Deutsche believes that shares are pricing in more of an upside to consensus since the stock has been raised by 29.4%. The firm maintains a Buy rating on J.B. Hunt with a $64 price target.
Don’t Miss: Why Are Ford Sales SLUMPING?
RadioShack Corp. (NYSE:RSH): Due to cash needs, Barclays has concerns that a cut or elimination is necessary because RadioShack will not be able to continue their quarterly dividend. Shares are Equal Weight rated.
Urban Outfitters Inc. (NASDAQ:URBN): Morgan Stanley added Urban Outfitters to their ” Best Ideas List,” stating that their profit recovery story is underestimated and margin improvement should be a catalyst. Shares are Overweight rated with a $36 price target, up from $31.
J. C. Penney Company, Inc. (NYSE:JCP): Due to concerns that inventories have been running above plan and the company’s second quarter sales trends are declining, Citigroup removed J.C. Penney Company, Inc. from their “Top Picks Live List.” Citi keeps a Buy rating on shares, but lowered their price target for Penneys from $40 to $24. Citing a more cautious outlook for July sales, as well as the upcoming back-to-school season, Citi also dropped their estimates for Kohl’s (NYSE:KSS), Macy’s (NYSE:M) and Target (NYSE:T). In addition to this, they downgraded shares of Target from Buy to Neutral.
Dick’s Sporting Goods Inc. (NYSE:DKS): After industry contacts indicated that the company continues to outperform, Citigroup said that it will continue recommending shares of Dick’s Sporting Goods Inc. as a best idea. Citi views the firm’s second quarter results as a near-term catalyst and reiterates a Buy rating on the stock, with a $57 price target.
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.
There's always a bull market in some sector! Find the best opportunities in commodities.