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Today's Morning Movers and Top Ratings | TGT, TOL, TJX, M and More

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Movers and Shakers wrote a column · Aug 21 07:24
Morning Movers
Gapping up
$TJX Companies (TJX.US)$ earnings beat by $0.04, and its revenue topped estimates. Shares rose by 3.5% in premarket trading.
$Target (TGT.US)$ stock soared 14.6% after the big box retailer raised its annual profit forecast and beat expectations for second-quarter comparable sales, attracting customers with low priced groceries and essentials.
$Toll Brothers (TOL.US)$ stock rose by 0.9% after the homebuilding company surpassed earnings expectations in the fiscal third quarter and lifted its full-year deliveries guidance.
$Keysight Technologies (KEYS.US)$ stock soared over 11.1% after the test equipment manufacturing company beat third-quarter revenue and profit estimates and provided solid fourth-quarter guidance.
$Texas Instruments (TXN.US)$ stock rose 1.5% following an upgrade by Citi to ‘buy’ from ‘neutral’, spurred by activist investor Elliott Investment Management taking a stake in the company.
Gapping down
$Macy's (M.US)$ stock fell 7.4% after the department store chain missed market expectations for quarterly revenue, affected by the continued weakness in U.S. consumer spending which impacted demand for big-ticket, non-essential goods.
$JD.com (JD.US)$ stock fell 8.3% after reports surfaced that Walmart, which was up 0.8%, had decided to sell its stake in the Chinese e-commerce firm, choosing to focus on its own operations in the second-largest economy in the world.
$Tesla (TSLA.US)$ stock fell 0.2% following the National Highway Traffic Safety Administration's announcement that the EV manufacturer is recalling 9,136 Model X sports utility vehicles due to a roof trim issue that could increase the risk of a crash.
$3D Systems (DDD.US)$ stock fell 4.8% after the 3D printing company reported first-quarter results that fell short of analyst expectations.
$La-Z-Boy (LZB.US)$ stock dropped 3.4% as the furniture manufacturer's weaker-than-expected guidance largely negated the impact of strong quarterly earnings.
Source: CNBC; Investing.com
US Top Rating Updates on 08/21
Today's Morning Movers and Top Ratings | TGT, TOL, TJX, M and More
Source: Dow Jones
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