Core Viewpoint - Target Corporation is enhancing its board with experienced leaders from Nike and HanesBrands while reaffirming its commitment to shareholders through a new dividend declaration Group 1: Board Appointments - John Hoke, III, a former design leader at Nike with over 30 years of experience, has been appointed to Target's board, focusing on innovation and value [1] - Steve Bratspies, former CEO of HanesBrands and ex-chief merchandising officer at Walmart, brings significant retail operations expertise to the board [3] - These appointments are intended to align with Target's strategic goals as it enters a new growth phase under CEO Michael Fiddelke [4] Group 2: Dividend Declaration - Target declared a quarterly dividend of $1.14 per common share, payable on March 1, 2026, to shareholders of record by February 11, 2026 [5] - At the time of the announcement, Target shares were trading at $105.48, reflecting a decrease of 0.53% [5]

Core Insights - Target Corporation has elected two new members to its Board of Directors: John Hoke, III and Steve Bratspies, reflecting its commitment to enhancing style, design, and value in its offerings [1][4] Group 1: New Board Members - John Hoke, III, former Chief Innovation Officer at NIKE, Inc., brings over three decades of experience in design-led brand building and product innovation [2] - Steve Bratspies, former CEO of HanesBrands, has a strong background in leading consumer businesses with a focus on merchandising and operations, having guided HanesBrands through significant transformations [3] Group 2: Board Committees and Responsibilities - John Hoke will join the Board on March 1 and serve on the Governance & Sustainability and the Compensation & Human Capital Management committees [5] - Steve Bratspies will join the Board on April 1 and serve on the Audit & Risk and the Infrastructure & Finance committees [5] Group 3: Strategic Focus - The appointments are part of Target's strategy to enhance governance and long-term value creation for shareholders, especially as the company prepares for growth under new CEO Michael Fiddelke [4][5]

Core Insights - JPMorgan expects net interest income (NII) to reach approximately $103 billion in 2026, up from $95.9 billion in 2025, despite a lower interest rate environment [1][8] - The NII forecast is contingent on market conditions and assumes two Federal Reserve rate cuts, with a target upper bound for fed funds near 3.25% [5] NII Breakdown - The projected NII for 2026, excluding Markets, is around $95 billion, indicating that Markets NII is expected to contribute approximately $8 billion, which is subject to variability [2][8] - Factors influencing NII include a projected decline in interest on reserve balances by about 92 basis points year-over-year and deposit margin compression [5] Consumer and Business Resilience - JPMorgan's CFO noted that consumers and small businesses are showing resilience, with no signs of deterioration across income groups [6] - In 2025, there was a notable increase in loan demand, particularly in Wholesale loans (up 17% year-over-year) and credit card loans (up 6%) [6] Strategic Developments - On January 7, JPMorgan signed an agreement to become the new issuer of the Apple Card, which has around $20 billion in receivables, although this transition is not expected to significantly impact NII in the current year [7] - A proposed cap on credit card interest rates at 10% could potentially pressure NII [7][9] Market Comparisons - Bank of America anticipates a 5-7% increase in NII for 2026, following a 7.2% growth in 2025, benefiting from a supportive rate environment and technology investments [11] - Citigroup projects a 5-6% growth in NII for 2026, after an 11% increase in 2025, supported by a stable rate environment [12] Valuation and Earnings Estimates - JPMorgan shares have increased by 1.8% over the past six months, trading at a price-to-tangible book (P/TB) ratio of 2.98X, which is below the industry average [13][15] - The Zacks Consensus Estimate predicts a 4.5% rise in JPMorgan's earnings for 2026, with a 9.1% growth expected in 2027 [16]

Core Viewpoint - Torr Metals Inc. has identified a new porphyry-style copper-gold target named Bertha North, which significantly expands the potential of the Bertha area within the Kolos Copper-Gold Project in British Columbia, following recent 3D modeling of induced polarization survey data from 2025 [1][3]. Geophysical and Geological Insights - The Bertha North target is characterized by a moderate-to-high resistivity anomaly and a strong magnetic response, indicating the presence of magnetite-bearing intrusive rocks typical of an alkalic porphyry environment [2][3]. - Historical data shows an approximately 800 m by 500 m copper and gold soil anomaly in the area, with copper values reaching up to 528 parts per million (ppm) and gold values up to 20 parts per billion (ppb) [2][3]. - The presence of diorite and monzonite intrusions supports the interpretation of an intrusive copper-gold porphyry source [2][3]. Exploration and Development Plans - A fully funded Phase II drill program of up to 6,000 meters is planned to test multiple porphyry targets, including the newly identified Bertha North target [3][9]. - The 2025 induced polarization data indicates chargeability at depth, suggesting further prospectivity and the potential for a porphyry center beneath the resistive cap [3][9]. - Future exploration will include expanded IP coverage, geological mapping, and drill testing to evaluate the depth extent and grade potential of the Bertha North target [9]. Strategic Importance - The identification of Bertha North enhances the exploration potential of the greater Bertha area, indicating the presence of multiple porphyry-fertile intrusive centers and reinforcing the district-scale copper-gold opportunities at the Kolos Project [8][9]. - The strategic location of the Kolos Project, near established mining infrastructure, positions the company favorably for cost-effective exploration and development [11].

Core Viewpoint - Target Corporation (NYSE:TGT) is gaining significant attention from investors, with recent upgrades and positive outlooks from analysts indicating strong potential for growth in the retail sector [2][3]. Group 1: Analyst Upgrades and Price Targets - Morgan Stanley raised its price target on Target to $125 from $112, maintaining an Overweight rating as part of a broader retail sector outlook for 2026 [2]. - Gordon Haskett upgraded Target to a Buy from Hold, establishing a new price target of $140, suggesting over 30% upside from current levels [3]. Group 2: Investor Interest and Stock Performance - During the week ending January 16, Target was one of the major beneficiaries of increased investment in retail stocks, pushing its stock into overbought territory with an RSI of 80 [3]. - Target's long-term track record of profitability, with stronger gross and operating margins compared to peers, continues to attract investor interest [3]. Group 3: Company Fundamentals - Despite facing short-term challenges, Target's balance sheet remains strong, supporting its commitment to paying dividends to shareholders [4]. - Target operates as a major general merchandise retailer, selling products through both physical stores and expanding digital channels [4].

Oselote/iStock via Getty Images MoneyShow’s top contributing analysts, strategists, and newsletter editors share their investment recommendations for the year ahead. See Part 8 here. Target Corp. By Ben Reynolds, Editor of Sure Dividend Target Corp. (TGT) was ...

Core Insights - Spectral Capital Corporation's subsidiary, 42 Telecom Ltd., has exceeded its financial performance target for the year ended 2025, as per the Definitive Share Exchange Agreement [1][2] Financial Performance - 42 Telecom was required to achieve revenues of $16 million for the financial year ended 2025, and preliminary unaudited results indicate that it has surpassed this milestone [2][3] - The company believes it has fulfilled all financial performance obligations outlined in the acquisition agreement, with final audited financial statements currently being prepared [3] Strategic Validation - The achievement of exceeding financial targets shortly after acquisition is seen as a strong validation of the strategic rationale for acquiring 42 Telecom, highlighting the quality of its management and operational resilience [4] - The performance is viewed as a significant opportunity for long-term value creation within Spectral's portfolio, emphasizing the strength of 42 Telecom's operating platform and customer relationships [4] Integration and Future Focus - Spectral Capital is focused on the disciplined integration of 42 Telecom's operations into its broader communications and technology strategy, aiming for financial transparency and margin improvement [4] - Additional information regarding the acquisition and integration will be disclosed in forthcoming SEC filings [5]

Core Viewpoint - FireFox Gold Corp. has reported promising initial drilling results from its Sarvi gold project in Finland, indicating a high-grade gold zone that could enhance the project's value [1] Group 1: Drilling Results - The first results from the 2025 drilling at the Sarvi gold project show a high-grade gold zone of 1.75 metres averaging 27.48 g/t gold [1] - Within this zone, there is a notable section of 0.8 metres that averages 53.50 g/t gold, indicating significant mineralization potential [1]

Group 1 - The e-commerce giant is launching a megastore outside of Chicago [1] - The size of the new store will be large enough to nearly fit two Target stores [1]

Core Insights - Target Corporation (TGT) and Macy's, Inc. (M) are both undergoing transformations in a changing consumer landscape, with Target having a market cap of approximately $51 billion and Macy's at around $6 billion [1][2] Group 1: Target Corporation (TGT) - Target is focusing on design-led merchandising and trend-forward owned brands to enhance its style-and-value positioning [4] - The company is experiencing digital momentum, with services like same-day delivery and pickup contributing to growth [4] - Capital expenditures are projected to increase by 25% to $5 billion in fiscal 2026 to support store remodels and upgraded fulfillment [5] - Advanced analytics are being utilized to improve demand forecasting and inventory management, resulting in a 150 basis point improvement in on-shelf availability year-over-year [6] - Despite operational improvements, Target faces challenges with muted demand recovery and declining sales projections for the fiscal fourth quarter [7] Group 2: Macy's, Inc. (M) - Macy's is advancing its omni-channel transformation through the Bold New Chapter initiative, enhancing both in-store and digital shopping experiences [8] - The company is benefiting from luxury segments, particularly through Bloomingdale's and Bluemercury, which contribute to higher-margin growth [9][10] - Operational modernization, including a new automated distribution center, is enhancing efficiency and delivery capabilities [12] - Macy's has reaffirmed its fiscal 2025 sales guidance, projecting net sales between $21.48 billion and $21.63 billion, with adjusted EPS expected to be between $2.00 and $2.20 [13] - The company is recognized for its strong cash generation and ongoing share repurchases, providing financial flexibility for its long-term strategy [13] Group 3: Comparative Analysis - Over the past year, Target's stock has decreased by 16.7%, while Macy's stock has increased by 55.4% [17] - Target's forward price-to-sales (P/S) multiple is 0.47, below its three-year median of 0.56, whereas Macy's P/S multiple is 0.27, above its median of 0.20 [19] - Macy's is viewed as a stronger investment candidate due to its disciplined store optimization and improving earnings visibility, while Target is facing near-term earnings pressure [20][21]