Daily Technical Summary Reports on Discount, Variety Stores Stocks -- Costco Wholesale, Dollar Tree, Burlington Stores, and Target
NEW YORK, November 2, 2017 /PRNewswire/ --
If you want a Stock Review on COST, DLTR, BURL, or TGT then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. DailyStockTracker.com is currently evaluating Costco Wholesale Corp. (NASDAQ: COST), Dollar Tree Inc. (NASDAQ: DLTR), Burlington Stores Inc. (NYSE: BURL), and Target Corp. (NYSE: TGT). Discount and variety Stores are companies that retail products from a variety of sectors to consumers. Many times, they are very large with hundreds or thousands of locations, and face little competition in the sector. Register now and get full and free access to these DailyStockTracker.com research reports at: http://dailystocktracker.com/register/
Costco Wholesale
On Wednesday, shares in Issaquah, Washington-based Costco Wholesale Corp. recorded a trading volume of 2.12 million shares. The stock ended at $162.69, climbing 1.00% from the last trading session. The Company's shares have gained 3.03% over the previous three months and 5.72% on an YTD basis. The stock is trading above its 50-day moving average by 1.71%. Furthermore, shares of Costco Wholesale, which together with its subsidiaries, operates membership warehouses, have a Relative Strength Index (RSI) of 55.98.
On October 06th, 2017, research firm Morgan Stanley downgraded the Company's stock rating from 'Overweight' to 'Equal-Weight', with a target price of $165 per share.
On October 30th, 2017, Costco Wholesale announced that its Board of Directors has declared a quarterly cash dividend on the Company's common stock of $0.50 per share. The quarterly dividend is payable on December 01st, 2017, to shareholders of record at the close of business on November 17th, 2017. Access our complete research report on COST for free at: http://dailystocktracker.com/registration/?symbol=COST
Dollar Tree
Chesapeake, Virginia-based Dollar Tree Inc.'s stock finished yesterday's session 0.14% lower at $91.12 with a total trading volume of 1.75 million shares. The Company's shares have gained 4.95% in the last one month, 23.92% over the previous three months, and 18.06% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.95% and 16.44%, respectively. Furthermore, shares of Dollar Tree, which operates variety retail stores in the US and Canada, have an RSI of 58.58.
On October 13th, 2017, research firm Loop Capital downgraded the Company's stock rating from 'Buy' to 'Hold'. The complimentary research report on DLTR can be downloaded at: http://dailystocktracker.com/registration/?symbol=DLTR
Burlington Stores
At the close of trading on Wednesday, shares in New Jersey-based Burlington Stores Inc. rose 1.56%, ending the day at $95.35. The stock recorded a trading volume of 1.30 million shares, which was above its three months average volume of 1.16 million shares. The Company's shares have advanced 0.25% in the last one month, 10.79% in the previous three months, and 12.51% since the start of this year. The stock is trading 5.94% and 4.63% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Burlington Stores, which operates as a retailer of branded apparel products in the US, have an RSI of 65.20.
On October 19th, 2017, research firm Buckingham Research resumed its 'Buy' rating on the Company's stock, with a target price of $107 per share.
On October 30th, 2017, Burlington Stores announced the launch of a debt repricing and extension transaction. The Company is seeking commitments from lenders under a new senior secured credit facility for an aggregate principal amount of $1,117 million and expects the new senior credit facility to comprise a single tranche of loans maturing in 2024. The Company is seeking pricing of 2.25% to 2.50% with a 0.75% LIBOR floor, versus the current 2.75% with a 0.75% LIBOR floor. Register for free on DailyStockTracker.com and get access to the latest report on BURL at: http://dailystocktracker.com/registration/?symbol=BURL
Target
Minneapolis, Minnesota headquartered Target Corp.'s shares ended the day 0.30% lower at $58.86 with a total trading volume of 4.70 million shares. The stock has gained 0.48% in the last month and 3.19% over the previous three months. The Company's shares are trading 0.55% above their 50-day moving average and 3.01% above their 200-day moving average. Additionally, shares of Target, which operates as a general merchandise retailer, have an RSI of 44.81.
On October 19th, 2017, Target announced plans to accelerate the number of store remodels to more than 1,000 by the end of 2020 and expand its Restock program across the US next year. The Retailer is opening 32 new stores in 2017, with plans to open 35 new stores in 2018. Additionally, it is making meaningful investments in differentiating its shopping experience by increasing store team member staffing and training to deliver elevated service and expertise. Download your free research report on TGT at: http://dailystocktracker.com/registration/?symbol=TGT
--
Daily Stock Tracker:
Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
DST has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://dailystocktracker.com/disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE dailystocktracker.com
Share this article