Citi has a lot to say about retail today (previous: JCP) with analyst Deborah Weinswig tipping...

|By:, SA News Editor

Citi has a lot to say about retail today (previous: JCP) with analyst Deborah Weinswig tipping off that early checks show July same-store sales are weak for major retailers and margin pressure could be in store as inventories rise. Rating revisions: Target (TGT -0.8%) to Neutral from Buy; Macy's (M +0.2%) price target clipped by a buck to $37 and EPS estimates dropped; Kohl's (KSS +2.2%) sales and earnings estimates dropped.