It wasn’t bad enough that Target (TGT) released disappointing guidance yesterday and promptly fell 5.8%. No. Now Goldman Sachs analyst Matthew Fassler and team have to cut the struggling big-box retailer to Sell from Neutral. They explain why:
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Our $67, 12-month price target implies 0% upside vs. 10% average upside for our coverage universe. We expect stagnant to lower earnings to lead to subdued valuation on a sustained basis. We are concerned that Targets exposure to online competition based on its category mix, customer demographics and market mix will necessitate ongoing investment in price and operating costs. While the companys preannouncement of lower 4Q earnings likely deprives the call of a near-term catalyst, it highlights the companys long-run challenges. Target has booked less long-run margin erosion than peers and we believe it generated an EBIT decline in 2016 despite harvesting significant expense reductions.
Top 5 Heal Care Stocks To Buy Right Now: OpGen, Inc.(OPGN)
- [By Paul Ausick]
OpGen Inc. (NASDAQ: OPGN) posted a new 52-week low of $0.33 on Thursday, down more than 21% compared with Wednesday’s closing price of $0.42. The stock’s 52-week high is $4.65. Volume totaled around 4.8 million shares, more than 10 times the daily average. The company this morning priced a secondary offering of 25 million units at $0.40 per unit. Each unit comprised one share of common stock and one warrant to purchase another share within 5 years at an exercise price of $0.425.
Top 5 Heal Care Stocks To Buy Right Now: Genomic Health, Inc.(GHDX)
- [By Brian Orelli]
Genomic Health (NASDAQ:GHDX) closed up 10.2% Tuesday following its announcement of solid fourth-quarter earnings after the bell Monday. The company’s 2017 guidance certainly didn’t hurt investors’ confidence either.
- [By Brian Orelli]
Genomic Health (NASDAQ:GHDX) swung to a profit in the fourth quarter on the back of solid revenue growth and expects to have another productive year in 2017 as the company continues to increase reimbursement for its genetic tests.
Top 5 Heal Care Stocks To Buy Right Now: Sandstorm Gold Ltd(SAND )
- [By Rich Duprey]
Sandstorm Gold (NYSEMKT:SAND) has outperformed the precious metal itself over the past year, with shares rising 35% year to date. Last month it reported third-quarter profits of $7 million, a big U-turn from 2015, when it suffered losses of $5.5 million. In fact, its entire operation was doing better with greater production: lower cash costs, but higher cash margins; and greater operating cash flows, all of which allowed it to pay down its revolving credit facility. That means it has no bank debt and its entire $110 million revolving credit facility is available to make acquisitions.
Top 5 Heal Care Stocks To Buy Right Now: Care.com, Inc.(CRCM)
- [By Lisa Levin]
Shares of Care.com Inc (NYSE: CRCM) got a boost, shooting up 16 percent to $11.01 after the company reported upbeat quarterly results.
MaxPoint Interactive Inc (NASDAQ: MXPT) shares were also up, gaining 19 percent to $5.44. MaxPoint Interactive reported Q4 earnings of $0.59 per share on revenue of $46.3 million.
Top 5 Heal Care Stocks To Buy Right Now: Summer Infant Inc.(SUMR)
- [By Peter Graham]
A long term performance chart shows shares of Childrens Placeoutperforming last year before leveling off into a range while mid cap peerCarter’s, Inc (NYSE: CRI) is nearing previous highs againand small cap Summer Infant, Inc (NASDAQ: SUMR) is well below previous highs: