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Overall in 2023, the airport had 86.9 million passengers. The airport had 89.1 million passengers in 2018 — its busiest-ever year before the pandemic, while 66 million passengers passed through in 2022. Earlier in February, Dubai announced its best-ever tourism numbers, saying it hosted 17.15 million international overnight visitors in 2023. Dubai has a second airport, Al Maktoum International Airport at Dubai World Central, some 45 kilometers (28 miles) away in its far southern reaches. Dubai International Airport connects to 262 destinations in 104 countries worldwide via just over 100 international carriers.

Persons: —, Paul Griffiths Organizations: United Arab Emirates, Dubai International Airport, Emirates, Dubai Airports, Dubai, Al Maktoum International Airport, Qatar, Dubai International Locations: DUBAI, United Arab, Dubai, India, Saudi Arabia, United Kingdom, Pakistan, Russia, Ukraine, Burj, Al, Al Maktoum

☆ Here are the best things you should stream this weekend
▼ + stars: | 2024-02-17 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +1 min

Hit movies like "Oppenheimer" and "The Color Purple" are now available to stream. Reality TV fans can binge new episodes of "Love Is Blind" this weekend. If you're in the mood for comedy, check out Taylor Tomlinson's new stand-up special or "The Vince Staples Show." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The Christopher Nolan hit is newly available to stream this weekend.

Persons: Oppenheimer, Taylor, Vince Staples, —, Christopher Nolan, Jon Stewart's Organizations: Service, Netflix, Business

☆ Why Monster Beverage is the best-performing stock of the last 30 years
▼ + stars: | 2024-02-17 | by ( Natalie Rice | ) www.cnbc.com time to read: +3 min

It's actually an energy drink company: Monster Beverage . Monster's stock has climbed for decades, along with sales, which have grown consistently for 31 years straight. Between Feb. 14, 1994, and Wednesday, Monster's stock appreciated by about 200,000%. Monster Beverage is a holding company composed of subsidiaries that produce and manufacture drinks including energy, alcohol, teas and coffees. The company attracted the attention of beverage giant Coca-Cola , which entered into a strategic partnership with the company now called Monster Beverage in 2015.

Persons: It's, Rodney Sacks, Hilton Schlosberg, Mark Astrachan, Sacks, Schlosberg, Monster, Nik Modi, Modi, Coke, Monster's, they've Organizations: Monster Beverage, South, Beverage, Energy, Natural Corporation, Capital Markets, Analysts, Nascar

☆ AOC's questions years ago helped spark the investigation into Trump's business. Now, he's been ordered to pay $355 million.
▼ + stars: | 2024-02-17 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +3 min

As part of Friday's fraud trial verdict, Donald Trump has been ordered to pay $355 million to the state of New York. This saga started in 2019 when Alexandria Ocasio-Cortez grilled Trump attorney Michael Cohen. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. And the case may have never happened if, years ago, a newly-elected member of Congress from Trump's home state hadn't grilled Michael Cohen on Trump's finances. Representatives for Ocasio-Cortez, Trump, and James did not immediately respond to a request for comment from Business Insider.

Persons: Donald Trump, Letitia James, Alexandria Ocasio, Cortez, Trump, Michael Cohen, —, Arthur Engoron, ” Trump, Cortez —, William Lacy Clay, James, Cohen, Allen Weisselberg, Ron Lieberman, Matthew Calamari, Weisselberg, Engoron, Robert's Organizations: Service, New, Rep, Trump, Trump Org, Trump Organization, Ocasio, Business Locations: New York, Alexandria, Cortez

☆ How to wear the runway — on your own budget
▼ + stars: | 2024-02-17 | by ( Joi-Marie Mckenzie | Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

On the agenda today:But first: How to wear the runway — on your own budget. "It's still all about simplicity," "America's Next Top Model" winner Eva Marcille told Business Insider at the Badgley Mischka runway show. And while some will pay a premium for designer fashion, others want to experiment with a dupe first. AdvertisementTens of thousands of young, high-earning professionals abandoned New York City and California during the pandemic, taking their coastal salaries to cities like St. Louis. BI headed to New York Fashion Week, where we asked attendees to name the status symbols they've been seeing and coveting.

Persons: —, Dia Dipasupil, — Beyoncé, Blake Lively, Uma Thurman, It's, Eva Marcille, YouGov, Gen Z, Connie Zhou, Kim Kardashian, Tom Brady, Tyler Le, Louis, Mary Altaffer, Louis Vuitton, Tiffany, Van Cleef, — we've, David C Tomlinson, Muhammad Ali, Stevie Nicks, Jim, Jon Stewart's, Joi, Marie McKenzie, Dan DeFrancesco, Jordan Parker Erb Organizations: Service, Getty, New York, Vegas, Fontainebleau Miami Beach, Dior, Netflix, Warner Bros, Charlotte , North Carolina —, Paramount Locations: Fontainebleau, Fontainebleau Las Vegas, Sin City, New York City, California, St, New, Dior, Beverly, Phoenix, Scottsdale, Paradise, Beverly Hills of Arizona, Paradise Valley, Charlotte , North Carolina, New York

☆ Side hustles are becoming young people's safety net amid so much economic uncertainty
▼ + stars: | 2024-02-16 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking at why side hustles are all the rage these days . Call it “overemployed light,” but working side jobs for some extra income is en vogue, especially for young people. For as much energy as they put into eliciting change, they also view their job as… just a job.

Persons: —, I've, Andrew Hollenhorst, we’re, hasn’t, Gen Zer, Jackie Mitchell, Mitchell, Business Insider’s Madison Hoff, Michell isn’t, Zers, don’t, Z, Eve Upton, Clark, Keida Dervishi, Jeremy Grantham, ” Grantham, Riley Wealth's Paul Dietrich, Bryan Erickson, Craig Hastings, Isabel Fernandez Pujol, Oppenheimer, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Business, Service, Citi, Boston Globe, Labor, Getty, Netflix, Walmart Locations: California, TikTok, New York, London

“President Trump is leading on finding consensus, and this is where the nation is," aid SBA Pro-Life America President Marjorie Dannenfelser. Democrats and abortion-rights groups seized on the Times report, with President Joe Biden saying it showed abortion rights would be a central issue in the 2024 election. He said Trump was “running scared” by not publicly saying what he would do about abortion. “We’ve long known where Donald Trump stands on abortion and it’s at odds with the majority of Americans,” Lawson said in a statement. Voters in seven states — California, Kansas, Kentucky, Michigan, Montana, Ohio and Vermont — have previously sided with abortion rights supporters on ballot measures.

Persons: Donald Trump, Trump, Roe, Wade, Susan B, Anthony Pro, ”, Marjorie Dannenfelser, ” Karoline Leavitt, Joe Biden, “ He’s, ” Biden, Jenny Lawson, “, ” Lawson, Ron DeSantis, ” Trump, Banning, it's, –, ” Kristan Hawkins, ___ Fernando, Will Weissert Organizations: White, Republican, U.S, Supreme, New York Times, “, Times, Associated Press, NORC, for Public Affairs Research, America, Trump, Florida Gov, Press, Fox News, Republicans, GOP, Life, AP Locations: America, U.S, Arizona , Arkansas, Florida , Missouri, South Dakota, Ohio, — California , Kansas , Kentucky, Michigan, Montana , Ohio, Vermont, Chicago, Washington

☆ Walmart's annuity business will lead into better valuations, says Piper's Ed Yruma
▼ + stars: | 2024-02-16 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWalmart's annuity business will lead into better valuations, says Piper's Ed YrumaEd Yruma, Piper Sandler managing director, joins 'Closing Bell' to discuss his high price target on Walmart as the company is set to report next week.

Persons: Ed Yruma Ed Yruma, Piper Sandler Organizations: Walmart

Fran Horowitz, Abercrombie & Fitch CEO: The future of retail is small, efficient, omni stores, and they're located where the customer tells us. I get really, really excited about what this means in the operations of the business, using predictive analytics to help us forecast demand. They're worldwide, a zillion stores, and their operations and execution, aside from their merchandising, I think they're always on top of the game. I think you're going to see an interaction with someone in a setting that doesn't look like retail, but looks like a fantastic experience. Nicholas of Sam's Club: Another retail standard that is really going to be important beyond the customer is energy.

Persons: Christina Locopo, Fran Horowitz, Abercrombie, Patrick MacLeod, WWD, Michelle Gass, Levi Strauss, they're, Jens Grede, Geoffroy van Raemdonck, Neiman Marcus, there'll, Trina, Patrick T, Fallon, Chris Nicholas, Kara Trent, Levi's Gass, Tom Ward, Erin Black, CNBC Abercrombie's Horowitz, Marc Lore, Mickey Drexler, TikTok, Adam Jeffery, Dave Kimbell, It's, Scott Mlyn, CNBC Neiman's van, you've, Yael Cosset, —, Ulta's, Arturo Holmes, Trent, That's, we've, Kroger's, Abercrombie's Horowitz, I've, Dia Dipasupil, Neiman's van, who's, Lulu, Drexler, Armour's, Dior, Louis Vuitton, Hermes, Armour Levi's Gass, Emma Grede, Kardashian, Kim, Geoffroy van Raemdonck Patrick Mckleod, Nicholas of Organizations: CNBC, Abercrombie, Fitch, Abercrombie & Fitch Co, Penske Media, Getty, Milken Institute Global Conference, AFP, Sam's, Technology, Walmart U.S, Walmart, New York Times, Navy, WWD, Young, Nike, TJX, Zara, Armour's Trent, Americas, Nicholas of Sam's, Sam's Club Locations: they're, Beverly Hills , California, New York City, America, New York, U.S, Skims, Inditex, Kara, Walmart's

☆ Gig workers explain how they got their accounts reactivated on Instacart and Uber Eats
▼ + stars: | 2024-02-16 | by ( Alex Bitter | ) www.businessinsider.com time to read: +6 min

Gig workers often have their accounts deactivated, even if they've done nothing wrong. Here are the top tips for getting reactivated from people who deliver for Instacart and Uber Eats. But some gig workers have had success getting their accounts — and an income — back. Business Insider spoke with two gig workers who successfully got apps to overturn their deactivations. AdvertisementDo you work for Instacart, Uber Eats, DoorDash, or another gig delivery service?

Persons: Uber, —, Instacart, could've Organizations: Service, Walmart, Companies, Business, Trust, Safety, Instacart Locations: South Dakota, Instacart, Oregon

SAN FRANCISCO (AP) — A Northern California judge is under investigation by a state agency for allegedly making antisemitic remarks when addressing a deputy public defender, failing to recuse himself from cases involving attorneys and other people he socialized with, sexually harassing women, and other ethical violations. Humboldt County Superior Court Judge Gregory Kreis was notified last week he is charged with 19 ethical violations going back to 2015. It is among the allegations outlined by the Commission on Judicial Performance that are now under investigation. The commission noted Kreis allegedly lied to the court's presiding judge who was investigating rumors Kreis was having an affair with a court employee. “I can tell you that we had witnesses who will contradict the allegations the Commission on Judicial Performance set forth in the notice of formal proceedings,” he added.

Persons: Gregory Kreis, Jerry Brown, Kreis, James A, Murphy, Rory Kalin, ” Murphy, Kalin, “, ” Organizations: FRANCISCO, California’s Locations: Northern California, Humboldt County, ”

☆ The 9 best things to stream this weekend
▼ + stars: | 2024-02-16 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +1 min

Hit movies like "Oppenheimer" and "The Color Purple" are now available to stream. Reality TV fans can binge new episodes of "Love Is Blind" this weekend. If you're in the mood for comedy, check out Taylor Tomlinson's new stand-up special or "The Vince Staples Show." The Christopher Nolan hit is newly available to stream this weekend. Here's a complete rundown of all the best movies, shows, and documentaries to stream this weekend, broken down by what kind of entertainment you're looking for.

Persons: Oppenheimer, Taylor, Vince Staples, —, Christopher Nolan, Jon Stewart's, Here's Organizations: Service, Netflix

☆ Biden student loan forgiveness plan: Administration reveals who may qualify
▼ + stars: | 2024-02-15 | by ( Annie Nova | ) www.cnbc.com time to read: +2 min

President Joe Biden speaks about his economic plan at the Flex LTD manufacturing plant on July 6, 2023 in West Columbia, South Carolina. The Biden administration has released its proposal for which struggling borrowers should qualify for its new student loan forgiveness plan. At one point, it seemed possible that the "financial hardship" category had been dropped from what has become known as Biden's Plan B for student loan forgiveness. While Biden first attempted to cancel student debt through an executive order, he has now turned to the rulemaking process. Over three rulemaking sessions, the negotiators tasked with determining who will be eligible for the president's revised relief plan identified several categories that could signal hardship.

Persons: Joe Biden, Biden, Joe Biden's, Biden's, James Kvaal, Pell Grant, didn't Organizations: Flex, U.S . Department of Education, Finance, Department of Education, Education Department Locations: West Columbia, South Carolina

☆ An airline passenger in Germany joked he was carrying 3 grenades because airport security lines were taking too long, police say
▼ + stars: | 2024-02-15 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

An airline passenger frustrated by a long security line joked he was carrying grenades, German police said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe German Federal Police are investigating a man who joked that he was carrying grenades at an airport because the security check was taking too long. He then told officers he wasn't actually carrying any weapons and he was just frustrated with the long wait. "Ultimately, additional checks revealed that the 37-year-old man was not carrying any hand grenades," the police said.

Persons: Bundespolizei, —, Germany's Bundespolizei, wasn't, Aditya Verma, Verma Organizations: Service, Federal Police Locations: Frankfurt, Germany, Graz, Austria, British, Spanish

☆ Consumers might be in sit back and watch mode, says former Walmart U.S. CEO Bill Simon
▼ + stars: | 2024-02-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailConsumers might be in sit back and watch mode, says former Walmart U.S. CEO Bill SimonBill Simon, former Walmart U.S. CEO, joins 'Money Movers' to discuss what to expect from Walmart's upcoming quarterly earnings results, if the higher reliance on buy now, pay later materializes in the quarter, and more.

Persons: Bill Simon Bill Simon Organizations: Walmart U.S

NEW YORK (AP) — Stephen Colbert's next book is very much about stirring the pot. Celadon Books announced Thursday that “The Late Show” host and his wife, Evie McGee Colbert, have collaborated on the cookbook “Does This Taste Funny: Recipes Our Family Loves," to be published on Sept. 17. “We are so excited to announce our new cookbook, which we have been working on together for two years," the Colberts said in a statement released through Celadon. Photos You Should See View All 22 ImagesStephen Colbert's previous books include “I Am America (And So Can You! )” and “America Again: Re-becoming the Greatness We Never Weren't.”

Persons: — Stephen Colbert's, Evie McGee Colbert, Colbert, Evie, Stephen, Benny, ”, Stephen Colbert's Locations: South Carolina

☆ Donald Trump's niece says she thinks Jon Stewart's 'rhetoric' is a 'potential disaster for democracy'
▼ + stars: | 2024-02-15 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Donald Trump's niece isn't a fan of Jon Stewart's jokes about her uncle and President Joe Biden. The former president's niece criticized Stewart's Monday episode where he slammed President Joe Biden and former President Donald Trump. AdvertisementNot only is Stewart’s “both sides are the same” rhetoric not funny, it’s a potential disaster for democracy. She also accused Stewart of "pretending" that Donald Trump could be "favorably compared to President Biden by any metric." Mary Trump's father, Fred Trump Jr., was the younger brother of Donald Trump.

Persons: Donald Trump's, isn't, Jon Stewart's, Joe Biden, Mary Trump, Stewart, Trump, Donald, —, Mary Trump wasn't, Stewart's, Donald Trump, Biden, ounger Organizations: Biden, Service

☆ 3 ways buying Vizio would send Walmart's ad business surging and put Amazon on notice
▼ + stars: | 2024-02-15 | by ( Ryan Joe | Lauren Johnson | ) www.businessinsider.com time to read: +4 min

Walmart is reportedly in talks to buy TV manufacturer Vizio for over $2 billion , in an effort to bolster its ad business, according to The Wall Street Journal. Here are three ways Vizio would power-up Walmart's ad business and make it a much bigger competitor to Amazon, according to several ad industry experts. While Walmart buying Vizio would grow its ads business, it would also improve the margins for its current ad business, said Nikhil Raj, chief business officer of adtech company Moloco’s retail media business. The new inventory Walmart would inherit would let it tap TV and branding budgetsIf Walmart buys Vizio, it would inherit connected-TV ad inventory, which it doesn’t currently have. Most of Walmart’s retail media business comes from search ads , though it’s expanded that to include some display and video ads.

Persons: you’ve, there’s, ”, Nikhil Raj, Raj, Walmart.com, ” Raj, doesn’t, it’s, ” Forrester, Nikhil Lai, Eric Franchi, Eric Seufert, Mobile Dev Organizations: Walmart, Wall Street, Amazon, Business, Vizio, CTV, “ Walmart, Walmart Connect, Connect, VC, Mobile Locations: Vizio, Walmart.com, “

☆ 'Madame Web' is a spectacular failure — and a sign we officially have superhero fatigue
▼ + stars: | 2024-02-15 | by ( Olivia Singh | ) www.businessinsider.com time to read: +7 min

Read previewIf "Madame Web" is a predictor of the future of Sony's Spider-Man Universe, the road ahead doesn't look very promising. The reviews are in, and "Madame Web" is no critical darling, nor will it satisfy Spidey fans. 'Madame Web' suffers from a weak script and poorly defined charactersTahar Rahim as Ezekiel Sims in "Madame Web." Superhero fatigue is at an all-time high, and 'Madame Web' doesn't make a solid case for the genre(L-R) Celeste O'Connor, Dakota Johnson, Isabela Merced, and Sydney Sweeney in "Madame Web." AdvertisementAt the end of "Madame Web," Cassie says that the best thing about the future is that it hasn't happened yet.

Persons: —, SJ Clarkson, Dakota Johnson, Cassandra Webb, Cassie, Ezekiel Sims, Tahar Rahim, Beyoncé's, Martha Stewart's, Ezekiel, selfishly, He's, Ezekiel regurgitates, Celeste O'Connor, Sydney Sweeney, Adam, James Gunn, Peter Safran, Jared Leto, Riz Ahmed, Tom Hardy, Woody Harrelson, Michelle Williams, Eddie Brock, Hardy, Matt Smith's, cackled, there's, Kraven, Hunter, Aaron Taylor, Johnson, Bad Bunny, he's, Olivia Wilde Organizations: Service, Marvel Comics, Business, Sony Pictures, Sony, Marvel, DC Comics, Warner Bros, Discovery's DC Studios, Rotten Locations: New York, Peruvian, Isabela Merced

☆ Mitch McConnell says both Biden and Trump have an 'age issue' that will be 'front and center' in 2024
▼ + stars: | 2024-02-15 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +2 min

The recent special counsel report raised questions about Biden's memory and age. "The age issue is obviously front and center for both candidates," said McConnell. AdvertisementAfter a special counsel report spelled out concerns about President Joe Biden's age and memory, many Republicans immediately moved to make it an issue. "The age issue is obviously front and center for both candidates," McConnell told CNN. AdvertisementOn Friday, the special counsel release a report that did not recommend charges against Biden for mishandling classified documents.

Persons: McConnell, who's, Biden, isn't, —, Joe Biden's, Mike Johnson, Mitch McConnell, Donald Trump, Beau, Trump, Nikki Haley, Nancy Pelosi, Alexandria Ocasio, Cortez, Cortez of New York Organizations: Service, Republicans, GOP, Oval, CNN, Biden, Democratic Locations: Alexandria, Cortez of New, Cortez

☆ A woman says she was asked to tip for her massage before it even began — a sign tipping culture is 'out of control'
▼ + stars: | 2024-02-15 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +6 min

Read previewA woman says she was asked to pay and tip her massage therapist before the service, an ordeal that left her feeling uncomfortable. "I'm more than happy to tip, but I feel like tipping nowadays is just getting out of control." I'm fine with paying full price. I'm fine with leaving the tip. "I'm happy with paying the full price and the tip, but I just don't appreciate being made to feel bad for what I am able to tip right now."

Persons: —, Taylor Stewart, Taylor Stewart Stewart, Stewart, I'm, I'd, that's, doesn't, That's, they're Organizations: Service, Business, of Service Research Locations: America

☆ Instacart's CEO says that warehouses full of robots won't replace its gig workers anytime soon
▼ + stars: | 2024-02-14 | by ( Alex Bitter | ) www.businessinsider.com time to read: +1 min

Don't expect Instacart to replace its gig worker shoppers with robots anytime soon. Instacart CEO Fidji Simo says the company can deliver faster and more efficiently using its human shoppers. That's a contrast with companies like Kroger, which have built warehouses to automate order picking. Kroger has a network of warehouses that it built with British grocer Ocado, where robots and some humans assemble orders, for instance. Human workers still drive to customers' homes to deliver the orders.

Persons: Fidji Simo, —, Kroger, Ocado Organizations: Kroger, Service, Business

☆ As London loses another listing, analysts are wary of writing off the UK capital
▼ + stars: | 2024-02-14 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

The offices of London Stock Exchange Group Plc, right, in Paternoster Square in the City of London, UK. Bloomberg | Bloomberg | Getty ImagesLONDON — TUI became the latest company to ditch its share listing in London, as shareholders voted overwhelmingly for the German travel giant to list solely in Frankfurt. Around 77% of transactions in TUI shares are currently settled via Germany, with the U.K. now accounting for less than a quarter. U.K. stocks are trading at a considerable discount to the rest of Europe, having suffered an investor flight in recent years. London still a contender London has also suffered a number of de-listings and high-profile IPO snubs over the past year.

Persons: TUI, Frankfurt's, Mathias Kiep, London, SoftBank, Rishi Sunak's Organizations: London Stock Exchange Group, City of, Bloomberg, Getty, London Stock Exchange, CNBC, Nasdaq Locations: Paternoster, City, City of London, London, Frankfurt, Hannover, Germany, TUI, Europe

☆ How Elon Musk's war on Delaware could change the way corporations make some of their biggest decisions
▼ + stars: | 2024-02-14 | by ( Ian Thomas | ) www.cnbc.com time to read: +4 min

It remains to be seen what Tesla will do about Elon Musk's pay just a few weeks after a Delaware judge voided his $56 billion compensation package, the largest CEO pay package in public corporate history. But Musk has already made some big decisions, including a declaration of a war on the state of Delaware. "Never incorporate your company in the state of Delaware" Musk posted on X shortly after the decision. "Put simply, neither the Compensation Committee nor the Board acted in the best interests of the Company when negotiating Musk's compensation plan. But even as those figures have risen, Musk's compensation would be an "outlier among outliers," said Matteo Tonello, managing director at The Conference Board.

Persons: Elon Musk, Tesla, Elon Musk's, Musk, Chancellor Kathaleen McCormick, McCormick, Charles Elson, Todd Maron, Elson, Matteo Tonello Organizations: Elon, Twitter, Fortune, Weinberg, Corporate, Tesla, Company, The Conference Board Locations: Krakow, Poland, Delaware, Texas, Nevada

☆ Evercore ISI says sell these two retail giants ahead of earnings on the shaky consumer
▼ + stars: | 2024-02-14 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Evercore is moving to the sidelines on Target and Walmart due to potentially weaker consumer spending. Housing costs remain high, the analyst said, which could hurt consumer spending. Shares of Walmart have ticked up roughly 7% from the start of the year, while Target stock has climbed more than 2%. Evercore maintains an in line rating on Target stock with a $156 per share price target, or about 7% upside. On Walmart, Evercore is standing by an outperform rating with a $182 per share price target, which represents roughly 8% upside.

Persons: Evercore's cautiousness, Greg Melich, Melich, Evercore, — CNBC's Michael Bloom Organizations: Target, Walmart, Evercore

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