Target

Used game complaints and personal info recording have cast a dark shadow on the world's largest retailer of video games. But are they enough to hurt the company's share price? GameStop Corp. (NYSE: GME) is no stranger to lawsuits. In 2006, a handful of store managers sued the company, claiming that...

Deutsche Bank is out with its report today on Target (NYSE: TGT), lowering its price target from $77 to $74. In a note to clients, Deutsche Bank writes, "Target currently trades at 12.2x our new FY11 EPS estimate of $4.25 and 10.6x our new FY12 EPS estimate of $4.90, discounts to the company's 10-...

Amidst all the Lululemon Athletica inc. (NASDAQ: LULU) hoopla, Gap, Inc. (NYSE: GPS) issued a press release today announcing the opening of its first Athleta store, a 5,000 square foot box in San Francisco, Wall Street Strategies reports. “Why should this matter if you are a shareholder in...

Target Corporation's (NYSE: TGT) sales initiatives seem to be driving trends, with strong 5% conversions, Goldman Sachs reports. “The holiday message of ‘Save Merrily' is value-focused but the price pointing is less intense as compared to years past. Inventory is well positioned for a strong...

Deutsche Bank has published its November Sales Preview today as November sales are expected to be good for the retailing/department stores market. In a note to clients, Deutsche Bank writes, "Sales momentum this month has improved following a lackluster October, which was negatively impacted by...

Goldman Sachs has published a research report on America's Retail stores in anticipation of the forthcoming holiday season. In the report, Goldman Sachs writes "Week 4 of our Consumer Electronics Count exhibited more of the same as Amazon stood 11.6% below the average. Third-party sellers are...

Piper Jaffray is raising their EPS estimates and price target on Target Corp. (NYSE: TGT)following FQ3 EPS results of $0.74, $0.05 above Piper Jaffray's estimate and $0.06 above the consensus estimate. In a note to clients, Piper Jaffray writes, "We are raising our Q4E EPS from $1.39 to $1.40 and...

Target Corp.'s (NYSE: TGT) $0.68 Q3 EPS is in-line & Q4 is consensus endorsed, Deutsche Bank reports. Nov-to-date comps mid-single digit, above +2-4% XmasQ plan. “REDcard 5% rewards & Pfresh are exceeding expectations & could each drive 1 pt to 4Q comps & 2 pts in FY11 comps. 5% of...

In a report released this morning, Goldman Sachs said that for Target Corporation (NYSE: TGT), it sees downside risk due to four factors. “1) 1,6% was at low end of 1-3% plan;” Goldman Sachs writes. “2) discretionary and margin rich categories like apparel and home softened in Q3; 3) consensus...

Excel Trust, Inc. (NYSE: EXL), a retail focused real estate investment trust (REIT), has signed a $92.5M contract to acquire a 739,234 square foot retail shopping center (of which 597,787 is owned) in Stockton, California. Built in 2004, the center is anchored by Lowe's, Target (non-owned), Kohl's...

Piper Jaffray writes on the September retail preview: "More than halfway through the month of September, women's specialty comps trending strongest, mass avg and teen lowest: Our PJC comp store index is forecasted to increase +1.4% in September, following a +2.9% increase in August, and a +2.9%...

Target Corporation (NYSE: TGT) reported today that net retail sales for the four weeks ending August 28, 2010 were $5,023M, up 3.4% from $4,856M for the four weeks ending August 29, 2009. On this same basis, August comparable-store sales increased 1.8 percent. Chairman, President, and CEO Gregg...