Here are the companies Yahoo Finance is watching today.
Target (TGT) is in the spotlight this morning. That's because Barclay's upgraded the stock from Equal Weight to Overweight. The bank also revealed that shares of the retailer can potentially rally 49%. This comes on the heals of Target revealing its Vineyard Vines collection. Target says the collection will include hundreds of outdoor items at affordable prices.
Not everyone's on board with Amazon's (AMZN) plan to make 1-day delivery the norm. The head of one retail union, who's been trying to organize Amazon staff, says the move could put workers' lives in jeopardy by increasing volume at warehouses. Amazon insists it runs a safe workplace and accused the union of "spouting falsehoods."
“Avengers: Endgame” is a certified hit for Disney (DIS). The movie crushed the box office in its opening weekend, earning a stunning $1.2 billion worldwide. It could be on pace to overtake “Avatar,” which earned nearly $2.8 billion dollars during its time in theaters.
California Utility PG&E (PCG) is out with a new plan to stop wildfires. It may shut down the power grid all together. The company says if dangerously high winds pick up, it may pull the plug on upwards of 5 million people. PG&E is facing lawsuits over its equipment sparking fires and is currently in bankruptcy.
Marriott (MAR) is looking to take on Airbnb. The Wall Street Journal says the hotel giant is starting a new home rental business. Details aren't out yet, but Marriott would join Hilton and Hyatt in exploring the move. Airbnb currently has upward of 6 million listings and is reportedly looking to explore an IPO.
