Company News: DE, DELL, TGT, SPLS, BJ, CTRN, HS, CLF

• Deere (NYSE:DE) reported Q3 EPS of $1.69, ahead of the Zacks Consensus Estimates of $1.68 per share. Revenues for the quarter rose 24.1% year-over-year to $7.72 billion

• Dell Inc. (NASDAQ:DELL) posted second quarter 2012 EPS of 54 cents, easily beating the Zacks Consensus Estimate of 49 cents. Revenues for the second quarter were $15.7 billion, up 1.0% from $15.5 billion reported in the year-ago quarter

• Target (NYSE:TGT) reported Q2 EPS of $1.03, above the Zacks Consensus Estimate of $0.97. Revenues for the quarter rose to 11.5% year-over-year to $16.24 billion

• Staples (NASDAQ:SPLS) posted Q2 EPS of $0.22, surpassing the Zacks Consensus Estimate of $0.19 per share. Revenues for the quarter rose 5.2% year-over-year to $5.82 billion

• BJ’s Wholesale (NYSE:BJ) reported Q2 EPS of $0.84, ahead of analysts expectations of $0.77 per share. Revenues for the quarter rose 10.8% year-over-year to $2.98 billion

• Citi Trends (NASDAQ:CTRN) reported a Q2 loss of $0.69 per share, wider than analysts expectations for a loss of $0.64 per share. Revenues for the quarter rose 0.9% year-over-year to $130.2 million

• Analysts at Wells Fargo initiated coverage on shares of managed care organization Healthspring (NYSE:HS) with an “Outperform” rating

• Analysts at CRT Capital initiated coverage on shares of Cliffs Natural Resources (NYSE:CLF) with a “Buy” rating.

TARGET CORP (TGT): Free Stock Analysis Report

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