Target (TGT) reported earnings 30 days ago. What's next for the stock?
SFM surges ahead with robust sales growth, digital gains and store expansion as TGT faces slow traffic and softer guidance.
Aerospace and defense corporation Rocket Lab USA NASDAQ: RKLB recently received a significant analyst boost when Cantor Fitzgerald increased its target price for the space company to a street-high $35. The upgrade follows several recent positive initiatives by the company, as it continues to impress with its strategic advancements, upcoming pipeline, and proven track record.
Target (TGT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
TGT trades at a steep discount with strong long-term value appeal, but short-term headwinds may limit near-term upside.
TGT boosts its dividend for the 54th straight year, reinforcing its reputation as a consistent income performer.
TGT boosts its dividend for the 54th straight year as it balances shareholder returns with a cautious 2025.
Target Corporation's TGT digital sales were a bright spot in an otherwise soft first-quarter fiscal 2025, marked by sluggish traffic and a decline in comparable store sales. Digitally originated comparable sales rose 4.7% year over year, reflecting a more than 35% jump in same-day delivery powered by Target Circle 360 and continued momentum in Drive Up.
Target is currently undervalued, trading at a significant discount to its historical averages and peers, despite solid fundamentals and a strong dividend yield. Negative sentiment and strategic uncertainty have weighed on the stock, but past examples like Walmart and McDonald's show recovery potential after similar periods. Key catalysts for upside include improvement in operating margins, digital segment growth, and a turnaround in store traffic, supported by ongoing buybacks and dividends.
We initiate coverage on The Interpublic Group of Companies with a Strong Buy rating, as we believe the market underestimates durable earnings power with structural cost discipline among near-term restructuring. Our internal estimates imply FY25E EPS of $2.17 (19% below consensus), with authentic margin recapture only in late FY26E. We believe investors who act now will benefit from an attractive R/R as IPG's margin expansion and re-acceleration of earnings will drive a re-rating by late FY26E.
Recently, Zacks.com users have been paying close attention to Target (TGT). This makes it worthwhile to examine what the stock has in store.
We initiate on Eversource Energy at Buy, as we believe the market underestimates the rate normalization potential and regulatory catalysts for a re-rating. Our price target of $79/sh is predicated on applying a 4.5x EV/Sales multiple to our 2026 top-line estimate, implying 10% upside. We model ES's revenues at $12.7bn in 2025 and $12.9bn in 2026, as we expect muted topline growth as the headwinds ease.