Target, Lowe's fall; TJX, Agilysys rise

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:

Target Corp., down $53.67 to $161.61.

The retailer's first-quarter profits were squeezed by higher costs amid persistently rising inflation.

Lowe's Companies Inc., down $10.21 to $183.32.

The home improvement retailer reported disappointing sales.

TJX Companies Inc., up $4 to $60.19.

The owner of T.J. Maxx and Marshalls reported strong first-quarter earnings.

The Container Store Group Inc., up 51 cents to $7.72.

The storage products retailer handily beat Wall Street's fiscal fourth-quarter profit forecasts.

Agilysys Inc., up $3.66 to $39.60.

The software provider for the lodging and leisure sectors gave investors a strong revenue forecast.

Triumph Group Inc., down $3.98 to $17.90.

The aircraft component manufacturer's quarterly earnings and revenue fell short of analysts' forecasts.

Shoe Carnival Inc., down $5.23 to $26.49.

The footwear retailer gave investors a disappointing profit forecast.

Citigroup Inc., down $1.73 to $49.32.

Falling bond yields weighed on banks, which rely on higher yields to charge more lucrative interest on loans.

-

Where should you invest $1,000 right now?

Before you make your next trade, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.

They believe these five stocks are the five best companies for investors to buy now...

See The Five Stocks Here

These 7 Stocks Will Be Magnificent in 2024 Cover

With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.

Get This Free Report

Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
The Container Store Group (TCS)
4.3712 of 5 stars
$0.87+0.1%N/A-0.19Hold$3.50
TJX Companies (TJX)
4.4708 of 5 stars
$96.36-0.1%1.38%24.96Moderate Buy$102.65
Shoe Carnival (SCVL)
3.1983 of 5 stars
$34.53+0.8%1.56%12.88Moderate Buy$36.50
Triumph Group (TGI)
3.0066 of 5 stars
$13.65+1.7%N/A-20.07Moderate Buy$19.63
Citigroup (C)
4.9621 of 5 stars
$62.64+1.4%3.38%18.53Moderate Buy$62.91
Compare These Stocks  Add These Stocks to My Watchlist 


Featured Articles and Offers

7 Must-Buy Stocks Under $20

7 Must-Buy Stocks Under $20

In this video, we highlight seven stocks under $20 that are worth a closer look.

Search Headlines: