I reiterate a buy rating on Lululemon due to strong Q3 results, solid macro tailwinds, and an increased intrinsic value estimate. Despite rising credit card delinquencies, LULU's international sales, particularly in Canada and China, and margin expansion drive impressive quarterly profits. Analysts are bullish on LULU, expecting a 13% EPS rise in FY 2025 and continued high single-digit growth through FY 2027.
Target (TGT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Today, First Trust Advisors announced it is expanding its roster of Target Income ETFs with the launch of three new funds. Each of these Target Income ETFs looks to generate current income with a secondary goal of capital appreciation.
Target (TGT) closed the most recent trading day at $131.28, moving -0.05% from the previous trading session.
Target's stock price plummeted 22% on Nov. 20, 2024, destroying nearly $16 billion in market cap in a single day after the retailer reported disappointing earnings.
The economy appears to be in a fairly stable situation. It's still growing, optimism remains strong as the stock market is doing well, and the overall outlook isn't that concerning.
In the most recent trading session, Target (TGT) closed at $135.60, indicating a +1.07% shift from the previous trading day.
Target Corporation, CEO Brian Cornell and current and former board members have been sued for defrauding stockholders about the risks of its corporate diversity, equity and inclusion policies, according to Reuters.
Recently, Zacks.com users have been paying close attention to Target (TGT). This makes it worthwhile to examine what the stock has in store.
Big-box retailer Target (TGT -1.80%) is struggling. Sales growth has stalled out in the last two years, and trailing free cash flow (FCF) is down 13% over the same period.
After Target Corp. last week became the latest major company to announce a rollback in its diversity, equity and inclusion plans, some activists are asking shoppers to boycott the retailer indefinitely starting Saturday.
PBR announces the achievement of its 2024 production targets, the launch of new platforms and increased oil and gas reserves to 11.4 billion boe.