» » Stock Market News Briefs: APAC Customer Services, Bed Bath & Beyond, J P Morgan Chase & Co, KLA-Tencor, Kohl’s, Lumber Liquidators Inc, Morgan Stanley, Target, UBS AG, Urban Outfitters
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Stock Market News Briefs: APAC Customer Services, Bed Bath & Beyond, J P Morgan Chase & Co, KLA-Tencor, Kohl’s, Lumber Liquidators Inc, Morgan Stanley, Target, UBS AG, Urban Outfitters

By Zacks Investment Research on | More Posts By | Zacks.com

  •     Shares of APAC Customer Services, Inc. (NASDAQ:APAC) rose 55.15% after OneEquity Partners, the investment arm of JPMorgan (NYSE:JPM), disclosed it was buying the company for $8.55 per share. 
  •     Chip equipment-maker KLA-Tencor Corp’s. (NASDAQ:KLAC) shares were upgraded by UBS (NYSE:UBS) to a “Buy” rating from a “Neutral” rating because analysts believe that sales to Intel would provide support to the company. The analysts also increased the target price of the company’s shares to $49.50 from $43.50
  •     Share prices of Kohl’s Corporation (NYSE:KSS) gained 7.08% to close at $55.78 after the family department store said its same store sales figures came in above expectations
  •     Retailer Target Corp’s. (NYSE:TGT) shares rose 6.67% after the company’s June same-store sales increased 4.5%, topping the Street’s estimates of 3.2% according to a survey conducted by Reuters
  •     Analysts at Morgan Stanley (NYSE:MS) upgraded the target price and rating on shares of Urban Outfitters, Inc. (NASDAQ:URBN) saying organizational changes made by the clothing retailer will help boost sales
  •     Lumber Liquidators Holdings, Inc. (NYSE:LL) lowered its outlook for the year ahead and also projected weak results for its second quarter primarily because of high transportation costs and promotional sales
  •     Analysts at Imperial Capital initiated coverage on shares of Bed Bath & Beyond Inc. (NASDAQ:BBBY) with an “Outperform” rating and a target price of $68.00
  •     Capstone initiated coverage on  LinkedIn Co. (LNKD) with a “Sell” rating and a target price of  $45.00 on the shares of the company

 
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