After a string of weak results, retailer says more shoppers are gravitating to its refreshed products and stores.
Target is expected to report its fiscal first-quarter earnings Wednesday amid a complicated environment for the consumer. The retailer is in the midst of a turnaround process under CEO Michael Fiddelke.
Target and Walmart's Q1 results will be closely watched this week as bellwethers for the retail sector and for the health of the American consumer overall.
Target has recruited a new logistics chief as it works to revive flagging sales. Jeff England, a 20-year veteran of the supply chain/logistics sector, will take on the role of Target's executive vice president, chief global supply chain and logistics officer at the end of the month, the retailer announced in a Tuesday (May 19) press release.
X-Energy (NASDAQ:XE) just earned coverage from six major Wall Street firms, with five taking a bullish stance on the advanced nuclear developer.
Analysts at Guggenheim see a compelling opportunity in live events ticketing. The firm initiated coverage on StubHub Holdings (NYSE:STUB | STUB Price Prediction) with a Buy rating and a $12.50 price target, framing the call as a bet on the ongoing experience economy.
Bank of America reinstated coverage of Zeta Global (NYSE:ZETA) with a Buy rating and a $24 price target, ending an extended quiet stretch on the AI marketing platform.
Tower REITs picked up a fresh vote of confidence from Wall Street this morning. American Tower (NYSE:AMT | AMT Price Prediction) was upgraded by Bernstein to Outperform with a $207 price target, sending shares of the wireless infrastructure giant higher in early trading.
Former Walmart executive Jeff England will lead supply chain and logistics at the retailer as Target tries to pull out of a yearslong sales slump.
TGT reports Q1 FY26 on May 20; beauty, essentials and same-day drive momentum as discretionary softness and costs test margins.
Citi just nudged its target on Coca-Cola (NYSE:KO | KO Price Prediction) higher, taking the price target to $91 from $90 while reiterating a Buy rating.
Target is scheduled to report earnings ahead of the opening bell Wednesday, with the retailer's stock seen potentially testing its highest point in over a year following the results.