Moody's Credit Downgrade, Housing Data, Target Earnings

This is a U.S. news story, published by Yahoo Finance, that relates primarily to Target news.

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1 Stock to Buy, 1 Stock to Sell This Week: Snowflake, Target

Summary

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83% Informative

Moody’s U.S. credit downgrade, housing data, and retailer earnings will be in focus this week .

Snowflake is a buy with strong earnings, upbeat guidance on deck.

In contrast, Target 's shrinking revenue, declining profit and weak outlook make it a stock to sell.

Flash PMI readings on manufacturing and services sector will grab attention on Thursday .

Wall Street projects earnings of $ 1.69 per share, falling nearly 19% from a year earlier , while revenue is anticipated to decline by about 1% to $24.4 billion .

Analyst sentiment has deteriorated significantly ahead of the report, with all 22 analysts covering Target reducing their profit estimates.

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