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Goldman Sachs initiated coverage on ALM. Brand A/S with a buy rating. Jefferies initiated coverage on Lotus Bakeries NV with a buy rating and a EUR 15,000 target price. Barclays raised its target price on Saab AB to SEK 755 from SEK 740. Several other European companies also saw rating and price target adjustments from
Macy's said second-quarter net sales, comparable sales, adjusted EBITDA and adjusted diluted EPS all exceeded guidance. The company reported 2.7% comparable sales growth and said adjusted EPS was 63 cents, helped by tariff refunds.
Morgan Stanley Raises Goldman Sachs Target Price To $1,145 From $1,099