Dillard’s price target raised to $458 from $368 at JPMorgan

JPMorgan raised the firm’s price target on Dillard’s (DDS) to $458 from $368 and keeps an Underweight rating on the shares. The firm adjusted price targets in the department store and specialty softline group ahead of the Q2 reports. JPMorgan’s fieldwork indicates a strong close to the quarter on a July consumer acceleration, the analyst tells investors in a research note.