Stocks making the biggest moves midday: Target, Revlon, Alphabet & more

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These are the stocks posting the largest moves midday Tuesday.

div > div.group > p:first-child"> Target — Shares of Target rose 4.73 percent after the company reported fourth-quarter results that surpassed analyst expectations. Target reported earnings of $1.53 per share, 1 cent higher than a Refinitiv estimate. Revenue came in at $22.977 billion, higher than expected. The retail company's same store sales were up 5.1 percent, while its digital sales grew more than 25 percent for the fifth year in a row.

Revlon — Shares of Revlon plunged more than 20 percent after data compiled by Jefferies showed the cosmetics company's sales dropped 15 percent in the four-week period that ended on Feb. 23. Alphabet — Google's parent company rose 1 percent after analysts at Needham initiated coverage of the company with a buy rating and a price target of $1,350, implying a 17 percent upside. Needham said YouTube could be a positive catalyst for Alphabet as it sees upside to its valuation.

 

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हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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