REV Group, Inc. (REVG) Reaches $17.68 Formed H&S; Covington Capital Management Has Lowered Target (TGT) Holding

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REV Group, Inc. (REVG) formed H&S with $17.15 target or 3.00% below today’s $17.68 share price. REV Group, Inc. (REVG) has $1.14 billion valuation. The stock decreased 2.59% or $0.47 during the last trading session, reaching $17.68. About 347,177 shares traded. REV Group, Inc. (NYSE:REVG) has declined 23.94% since May 3, 2017 and is downtrending. It has underperformed by 35.49% the S&P500.

Covington Capital Management decreased Target Corp (TGT) stake by 45.06% reported in 2017Q4 SEC filing. Covington Capital Management sold 33,097 shares as Target Corp (TGT)’s stock rose 4.77%. The Covington Capital Management holds 40,354 shares with $2.63M value, down from 73,451 last quarter. Target Corp now has $38.50B valuation. The stock increased 0.53% or $0.38 during the last trading session, reaching $71.45. About 4.60M shares traded. Target Corporation (NYSE:TGT) has risen 28.46% since May 3, 2017 and is uptrending. It has outperformed by 16.91% the S&P500.

Among 29 analysts covering Target Corporation (NYSE:TGT), 11 have Buy rating, 3 Sell and 15 Hold. Therefore 38% are positive. Target Corporation has $95.0 highest and $4.45 lowest target. $76.08’s average target is 6.48% above currents $71.45 stock price. Target Corporation had 89 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Target Corporation (NYSE:TGT) has “Buy” rating given on Monday, March 5 by Credit Suisse. The firm earned “Buy” rating on Monday, March 5 by Susquehanna. Robert W. Baird maintained the shares of TGT in report on Tuesday, January 2 with “Hold” rating. On Thursday, December 14 the stock rating was maintained by Bernstein with “Buy”. The stock of Target Corporation (NYSE:TGT) earned “Hold” rating by Jefferies on Tuesday, June 20. Piper Jaffray maintained the stock with “Overweight” rating in Thursday, February 4 report. The stock of Target Corporation (NYSE:TGT) has “Buy” rating given on Friday, August 18 by Bank of America. The stock of Target Corporation (NYSE:TGT) has “Strong-Buy” rating given on Tuesday, September 8 by Vetr. The firm earned “Positive” rating on Wednesday, January 10 by Susquehanna. The company was maintained on Saturday, August 22 by Morgan Stanley.

Covington Capital Management increased Raytheon Co (NYSE:RTN) stake by 7,916 shares to 35,896 valued at $6.74 million in 2017Q4. It also upped Ishares Tr (CMF) stake by 5,275 shares and now owns 10,880 shares. Vanguard Intl Equity Ind (VWO) was raised too.

Analysts await Target Corporation (NYSE:TGT) to report earnings on May, 16. They expect $1.38 EPS, up 14.05% or $0.17 from last year’s $1.21 per share. TGT’s profit will be $743.54M for 12.94 P/E if the $1.38 EPS becomes a reality. After $1.37 actual EPS reported by Target Corporation for the previous quarter, Wall Street now forecasts 0.73% EPS growth.

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