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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