NEW YORK, NY / ACCESSWIRE / May 15, 2018 / Major U.S. markets closed up on Monday, with the Dow Jones posting its 8th consecutive daily gain, as trade tensions between U.S. and China eased. The Dow Jones Industrial Average gained 0.27 percent to close at 24,899.41, while the S&P 500 Index increased 0.09 percent to close at 2,730.13. The Nasdaq Composite Index climbed 0.11 percent to close at 7,411.32.

"We're getting a bump higher on this trade news, since it seems like Trump is backing off his rhetoric with China. He came out very aggressively, but now he?s walking that back, which is encouraging," said Paul Nolte, portfolio manager at Kingsview Asset Management.

"Now, I don't think the concerns are fully out of the market. We're still seeing higher interest rates and valuations are still at the high end of their historical range," Nolte added.

RDI Initiates Coverage on:

Target Corporation
https://rdinvesting.com/news/?ticker=TGT

Weight Watchers International, Inc.
https://rdinvesting.com/news/?ticker=WTW

Target's stock jumped 3.77% Monday, to close the day at $72.90. The stock recorded a trading volume of 7,312,677 shares, which was above its three months average volume of 5,317,375 shares. In the last year, Target's shares have traded in a range of 48.56 - 78.70. The share price has gained 50.12% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $71.10 is above its 200-day moving average of $68.51. Shares of the company are trading at a Price to Earnings ratio of 13.67. Shares of Target have gained roughly 1.93 percent in the past month and are up 11.72 percent year-to-date.

Access RDI's Target Corporation Research Report at:
https://rdinvesting.com/news/?ticker=TGT

On Monday, shares of Weight Watchers recorded a trading volume of 3,510,826 shares, which was above the three months average volume of 1,809,421 shares. The stock ended the day 5.36% higher at 78.76. The share price has gained 240.22% from its 52 week low with a 52 week trading range of 23.15 - 79.84. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $67.02 is greater than its 200-day moving average of $58.66. Shares of Weight Watchers are trading at a Price to Earnings ratio of 32.82. Shares of Weight Watchers have gained roughly 23.08 percent in the past month and are up 77.87 percent year-to-date.

Access RDI's Weight Watchers International, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=WTW

Our Actionable Research on Target Corporation (NYSE :TGT) and Weight Watchers International, Inc. (NYSE :WTW) can be downloaded free of charge at Research Driven Investing.

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SOURCE: RDInvesting.com