NEW YORK, February 10, 2017 /PRNewswire/ --
Today's research at Stock-Callers.com directs investors' attention to the following equities in the Discount Variety Stores space: Wal-Mart Stores Inc. (NYSE: WMT), Target Corp. (NYSE: TGT), Dollar General Corp. (NYSE: DG), and Dollar Tree Inc. (NASDAQ: DLTR). Companies in this industry, despite belonging to the Services sector, tend to buck the trend in and after a recession due to unemployment and other factors that cause shoppers to cut back on their spending and flock to discount retailers. Learn more about these stocks by downloading their free research reports in PDF format at:
On Thursday, shares in Bentonville, Arkansas headquartered Wal-Mart Stores Inc. recorded a trading volume of 11.08 million shares, which was above their three months average volume of 8.86 million shares. The stock ended the day at $69.08, rising 1.87% from the last trading session. The Company's shares have advanced 1.25% in the last one month. The stock is trading above its 50-day moving average by 0.28%. Furthermore, shares of Wal-Mart Stores, which operates retail stores in various formats worldwide, have a Relative Strength Index (RSI) of 59.71.
On February 06th, 2017, research firm Bernstein initiated a 'Market Perform' rating on the Company's stock, with a target price of $75 per share.
On February 07th, 2017, Sam's Club, a division of Wal-Mart, announced that it has teamed up with health technology company higi to make free, self-service health screening stations available at most Sam's Club locations with a pharmacy. The higi self-service stations complement the existing free health screening program that Sam's Club offers every month from January through October to both members and the public. Sign up and read the free research report on WMT at:
Minneapolis, Minnesota headquartered Target Corp.'s stock climbed 2.53%, finishing yesterday's session at $66.41. A total volume of 7.75 million shares was traded, which was above their three months average volume of 6.11 million shares. The Company's shares are trading below their 200-day moving average by 6.04%. Additionally, shares of Target, which operates as a general merchandise retailer, have an RSI of 46.00.
On January 19th, 2017, Target announced the promotion of Rick Gomez to Executive Vice President and Chief Marketing Officer, effective January 29th, 2017. In this role, Gomez will be responsible for furthering Target's brand positioning and leading the integration of all marketing programs. Gomez will report to Target's Chairman and Chief Executive Officer, Brian Cornell.
On February 07th, 2017, research firm Bernstein initiated an 'Outperform' rating on the Company's stock, with a target price of $77 per share. The complimentary research report on TGT can be downloaded at:
Shares in Goodlettsville, Tennessee-based Dollar General Corp. ended the session 3.52% higher at $77.71. The stock recorded a trading volume of 4.86 million shares, which was above its three months average volume of 3.12 million shares. The Company's shares have gained 4.66% in the last one month, 11.82% in the previous three months, and 4.91% on an YTD basis. The stock is trading 4.53% above its 50-day moving average. Moreover, shares of Dollar General, which provides various merchandise products in the southern, southwestern, midwestern, and eastern US, have an RSI of 65.12.
On February 03rd, 2017, Dollar General announced that it intends to create approximately 10,000 new jobs in 2017 as the result of 1,000 planned new store openings and two new state-of-the-art distribution centers. The creation of these approximate 10,000 new jobs will be a roughly 9% overall increase to its workforce and mark the largest one-year employee increase through organic store and distribution center growth in the Company's 78-year history.
On February 06th, 2017, research firm Bernstein initiated an 'Outperform' rating on the Company's stock, with a target price of $91 per share. Register for free on Stock-Callers.com and access the latest report on DG at:
At the closing bell on Thursday, Chesapeake, Virginia-based Dollar Tree Inc.'s stock jumped 3.56%, finishing at $79.39. A total volume of 4.52 million shares was traded, which was higher than their three months average volume of 2.90 million shares. The Company's shares have advanced 1.83% in the last month, 4.72% over the previous three months, and 2.86% on an YTD basis. The stock is trading 1.45% below its 50-day moving average. Additionally, shares of Dollar Tree, which operates discount retail stores in the US and Canada, have an RSI of 54.28.
On January 05th, 2017, Dollar Tree announced management changes, including the promotion of Gary Philbin as the Enterprise President of Dollar Tree and the addition of Duncan Mac Naughton as President and Chief Operating Officer of Family Dollar.
On February 06th, 2017, research firm Bernstein initiated an 'Underperform' rating on the Company's stock, with a target price of $63 per share. Get free access to your research report on DLTR at:
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