Dollar General Rises, Constellation Energy Gains, Lululemon Up After Piper Sandler Raises Price Target
Audio is streamed directly from the publisher (podtrac.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
On this episode of Stock Movers:
- Dollar General shares (DG) rise after the retailer reported first-quarter profit and sales that topped expectations, and management boosted its comparable sales forecast for the full year, as well as the low end of its EPS target. Despite low-income shoppers feeling squeezed by inflation, Dollar General's sales have continued to increase, and its value-priced offerings may attract more customers during economic downturns.
- Constellation Energy shares (CEG) rise after the company agreed to sell power from an Illinois nuclear plant to Meta Platforms Inc. in a 20-year contract starting in mid-2027. Under the deal, Constellation will invest in boosting the Clinton plant's output, and is also considering plans to build another reactor at the site.
- Lululemon (LULU) shares rise after Piper Sandler raised the target on Lululemon Athletica Inc. to $315 from $280. Maintains neutral rating.
See omnystudio.com/listener for privacy information.