Target (NYSE:TGT) is expected to show a return to year-over-year sales growth for the fiscal second quarter when it reports its latest earnings before the stock market opens on Wednesday, August 21.
Analysts at Bank of America expect to see comparable sales growth of 1% compared to a 3.7% decline in the fiscal first quarter based on observed sales data, given easier comparisons and its value focus.
The impressive performance from Flutter Entertainment PLC's (LSE:FLTR) fast-growing FanDuel business in the US has led Deutsche Bank to up its share price target for the bookmaker.
Broker Panmure Liberum has upgraded its target price on Balfour Beatty plc (LSE:BBY) following the construction service company’s latest interim results.
Analysts highlighted that Balfour’s 40% increase in ‘awarded but not contracted’ deals, referring to projects that it has been selected or approved to undertake but has not yet formally signed a contract for, “points to exciting growth”.
Fevertree Drinks (AIM:FEVR) shares may struggle in the short term due to a challenging market, reckons Deutsche Bank, though in the long run they are "well positioned to capitalise" in the market for premium drink mixers.
A 'buy' recommendation was maintained, but the bank slashed its target price to 1,450p from 1,600p.
Gold is forecast to continue enjoying a rally this year which has taken the yellow metal above the US$2,500 per ounce mark for the first time in recent days.
After gold hit a record US$2,509 on Friday and also opened the new week above the mark, analysts at UBS said that further gains were in store after a 21% rise so far in 2024.
Domino's Pizza Group PLC (LSE:DOM) has been hit with a price target cut by US bank Jefferies, which wants more evidence of new franchisee openings.
Underlying profits and earnings estimates have been cut by 8% and 5% respectively to reflect new guidance.