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Target on Wednesday reported that its profit fell by 50% as it tried to clear out excess inventory in the third quarter. To find a list of top-ranked retail stocks, CNBC Pro searched Tipranks for names in the sector rated at least a "strong buy" and with a more than 20% upside to the consensus price target. Callaway Golf has the largest upside to its consensus price target, with analysts saying it could surge more than 79% from where it currently trades. Jefferies boosted its price target on the name after its third-quarter earnings beat expectations and it raised its guidance for the fourth quarter. The company is strongly backed by Wall Street and has a more than 43% upside to its consensus price target as it's been beaten up this year.
After a topline beat and raised fourth-quarter forecasts, there's big growth ahead for Topgolf Callaway , Jefferies says. While reiterating the stock as a buy, analyst Randal Konik boosted the price target to $56 – a 221% upside over the stock's last close. "The sport of golf is healthy, Topgolf is gaining massive share, and apparel brands are in early innings. Long considered a sport for the wealthy or business executives, golf experienced an image change during the pandemic. Topgolf Callaway's third-quarter sales were up 15% from a year ago to $989 million and above estimates of $945 million.
Check out the companies making the biggest moves midday:Starbucks — The Seattle-based coffee company jumped nearly 9% after reporting quarterly profit and revenue that topped expectations. Block — Shares jumped 10% after the mobile payments company surpassed profit and sales expectations in its third-quarter results. Block reported earnings of 42 cents per share on revenue of $4.52 billion. Coinbase — The stock jumped 3% after the company reported better-than-expected user numbers, even as Coinbase reported a miss on profit and sales expectations. The company reported earnings that topped expectations on Thursday.
INDIANAPOLIS — An Indianapolis police officer accused of kicking a handcuffed man in the face during an arrest last year was indicted Tuesday by a federal grand jury for alleged use of excessive force. The police body camera video of a forceful arrest on Sept. 24, 2021, appears to show an officer, Sgt. Police Chief Randal Taylor recommended last year that Huxley, then a 14-year veteran of the Indianapolis Metropolitan Police Department, be dismissed. Court records detailing those charges said Huxley and two officers approached a man near the city’s Monument Circle after hearing him shouting. Officers asked the man to stop shouting, but after he refused he was handcuffed.
MLB roundup: Aaron Judge belts 2 more HRs in Yankees' win
  + stars: | 2022-09-19 | by ( ) www.reuters.com   time to read: +10 min
Gerrit Cole (12-7) earned the win with four hits, four runs, three walks and eight strikeouts in five innings. Eloy Jimenez had three hits, including a two-run home run, and drove in three runs. Willi Castro hit a two-run homer and Javier Baez had a solo shot for the Tigers. Rays 5, Rangers 3Christian Bethancourt and Jose Siri hit back-to-back homers in host Tampa Bay's win over Texas. The duo went deep in the second inning for a 2-1 lead that the Rays never relinquished.
Gone are the days when you had to wait week by week for a hit show's new episodes. Three things to watch'The Handmaid's Tale" Season 5Yvonne Strahovski as Serena Joy Waterford is shown in a scene from the fifth season of "The Handmaid's Tale." 'Atlanta' Season 4Donald Glover as Earnest "Earn" Marks in a scene from season four of "Atlanta." If you watched the show's third season earlier this year, you either loved it or hated it. Death Cab for Cutie "talked about past relationships, failed relationships, our parents' relationships, and relationships that have lasted forever."
CNN —Grappling with middle age, “Clerks III” turns out to be unexpectedly sentimental and nostalgic, reflecting that writer-director-editor-co-star Kevin Smith inherently recognizes this will likely be the gang’s final visit to Quick Stop Groceries. If so, it’s an uneven if gentle way to hang out the “We’re closed” sign. Things take a rather abrupt and darker turn, however, when Randal suffers a near-death experience, clearly inspired by Smith’s own cardiac episode in 2018. The weightlessness of the material was, initially, basically the point, which makes the reach for more emotional heft ungainly. “Clerks III” will play exclusively in theaters via Fathom Events from September 13-18.
A bit of history we don’t teach in grade school: 113 years ago, a group of U.S. congressmen carousing for St. Patrick’s Day forever deprived the House speaker of the power to control committees and legislation in the people’s House. The revolt against Rep. Kevin McCarthy resembles the one against Joseph Gurney Cannon . It was Thursday, March 17, 1910: St. Patrick’s Day, nearly 10 years before Prohibition took effect. Cannon was widely regarded as the most powerful speaker in history.
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