Bullish Call for Guess, A Strong Initiation for T-Mobile

Now watching

Next video starts in : 7 Play

Bullish Call for Guess, A Strong Initiation for T-Mobile

Bullish Call for Guess, A Strong Initiation for T-Mobile
Replay video
Up next

U.S. Markets Open Lower on Disappointing August Jobs Report

Unlock your personal NFL Now stream by signing in to NFL.com

Bullish Call for Guess, A Strong Initiation for T-Mobile

by TheStreet 0:56 mins

Bullish Call for Guess, A Strong Initiation for T-Mobile

by TheStreet 0:56 mins

Goldman Sachs (GS) downgraded The Fresh Market (TFM) to a sell rating from neutral.Goldman is also cutting its price target for the stock to $27 per share. The firm says the organic grocer faces increased competition and cost inflation. An upgrade for apparel and accessories maker Guess is giving the stock a boost. Piper Jaffray upgraded Guess to an Overweight from Neutral and raised its price target to $32. The firm says stabilizing conditions in southern Europe is positive for Guess. BMO Capital Markets is now covering T-Mobile (TMUS). BMO is initiating with an Outperform rating and a price target set at $40 per share. TheStreet's Susannah Lee has the details from Wall Street.

TheStreet

Personal Finance

  1. 1:10

    Money Minute: 3 ways to save on your rent

  2. 1:49

    Cities where you need a rommate to afford your rent

  3. 3:44

    A local man’s view on the real recovery of post-Katrina New Orleans

  4. A local man’s view on the real recovery of post-Katrina New Orleans

  5. 1:40

    How Much Money Do You Need to Be Rich? Kids' Answers Will Inspire You.

  6. 1:34

    Young people and startups are fueling New Orleans’ recovery after Hurricane Katrina

Market Movers

  1. 2:13

    Cheap gas prices fueling savings, but not holiday travel

  2. 14:49

    Jobs report; Is the 'force' with consumers?; Cheap gas fueling holiday travel

  3. 2:38

    Disney unveils Star Wars toys amid marketing blitz

  4. 1:53

    Gap sales drop; Vince struggles; Sears Hometown profit falls; Alibaba execs' loan

  5. 5:45

    U.S. job growth slows, unemployment rate falls to 5.1 percent

  6. 3:09

    Biggest drop in pay hitting America’s lowest paid workers