Fed Chairman Jay Powell expected to set the stage for a September rate cut at Jackson Hole symposium. Goldman Sachs lowers U.S. recession probability to 20% due to favorable macro data.
Beyond analysts' top -and-bottom-line estimates for Target (TGT), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended July 2024.
Zacks.com users have recently been watching Target (TGT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Future earnings growth for FS-2025 remain on track at $8 per share. Cirrus Logic reported strong revenue and earnings for Q1 fiscal 2025, with revenue gains meeting targets. Unlike Cirrus, Qorvo and Skyworks reported meager revenue outlooks for September 2024 quarter supporting that Cirrus' gain was from ASP growth.
Target (TGT) reports second-quarter fiscal 2024 earnings Wednesday morning, with analysts expecting rising sales and profits compared to last year amid an encouraging retail sales environment.
Citi (NYSE: C ) price target cuts often get outsized attention, especially considering the recent $6.4 trillion global stock market meltdown. The bank expects global GDP growth to drop to 2.2% in 2024 and then increase to 2.8% in 2025 under its “Slow Then Grow” thesis for 2024; Citi predicts the U.S. will lead the worldwide resurgence even if the economy slows down.
Target (TGT) is navigating a tough economic landscape marked by shifting consumer preferences. Nonetheless, it is making strategic moves that could yield results in the long run.
Target (TGT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Always pay close attention to new stock price targets from firms, like Needham. While the firm won't always get it right, price upgrades are still worth paying attention to.
Nike's (NKE) stock was among the S&P 500's best performers after an analyst at Bernstein Research reiterated a "buy" rating for the stock along with a $112 price target.
New Citi price targets were recently released. Citigroup is one of the largest financial institutions in the world and has analysts who perform in-depth research on stocks.
Investment bank Wedbush may be best-known for its sell-side coverage of high-profile tech stocks like Tesla (NASDAQ: TSLA ), but taking a look at the new Wedbush price targets, you'll find that the EV maker is not on this list. Neither are many of the other well-known names in tech.