Target Corporation (TGT)
Target Is Melting Down Today. Should Walmart and Costco Stockholders Worry?
Shares of Target (NYSE:TGT | TGT Price Prediction) are down 7% to $118 in early trading on Wednesday, May 20, after the retailer delivered a clean beat-and-raise quarter that investors are nonetheless selling.
Target Stock Brushes Off Impressive Q1 Beat
Despite an early pre-market pop, Target Corp (NYSE:TGT) stock is down 7.1% to trade at $118.02 this morning, brushing off earnings per share (EPS) of $1.71 on $25.44 billion in revenue, both of which beat estimates.
Target posts strongest sales growth in years: Is growth back for good?
Shares of TGT rose on Wednesday after the retailer reported stronger-than-expected quarterly earnings and raised its full-year sales outlook, signaling that its turnaround strategy is beginning to gain traction despite ongoing macroeconomic uncertainty. Target stock gained about 1.5% in premarket trading to $129.18 after the company posted first-quarter adjusted earnings of $1.71 per share on revenue of $25.4 billion.
Target (TGT) Q1 Earnings and Revenues Beat Estimates
Target (TGT) came out with quarterly earnings of $1.71 per share, beating the Zacks Consensus Estimate of $1.41 per share. This compares to earnings of $1.3 per share a year ago.
Target's turnaround involves upscale baby gear and revamped shopping carts — and it's starting to pay off
Target just topped earnings expectations and boosted its outlook.
Target Reports Strongest Sales Gain in Years
After a string of weak results, retailer says more shoppers are gravitating to its refreshed products and stores.
Target is set to report first-quarter earnings, offer read on consumer
Target is expected to report its fiscal first-quarter earnings Wednesday amid a complicated environment for the consumer. The retailer is in the midst of a turnaround process under CEO Michael Fiddelke.
Target vs Walmart: Which Retail Giant is the Better Investment as Q1 Results Approach?
Target and Walmart's Q1 results will be closely watched this week as bellwethers for the retail sector and for the health of the American consumer overall.
Target Taps Walmart Vet Jeff England to Head Logistics
Target has recruited a new logistics chief as it works to revive flagging sales. Jeff England, a 20-year veteran of the supply chain/logistics sector, will take on the role of Target's executive vice president, chief global supply chain and logistics officer at the end of the month, the retailer announced in a Tuesday (May 19) press release.
X-Energy Lands 5 Buy Ratings From Wall Street: Guggenheim Sets Top Price Target at $57
X-Energy (NASDAQ:XE) just earned coverage from six major Wall Street firms, with five taking a bullish stance on the advanced nuclear developer.
Guggenheim Just Slapped a Buy Rating on StubHub. $12.50 Price Target Bets on the Live Events Boom
Analysts at Guggenheim see a compelling opportunity in live events ticketing. The firm initiated coverage on StubHub Holdings (NYSE:STUB | STUB Price Prediction) with a Buy rating and a $12.50 price target, framing the call as a bet on the ongoing experience economy.
BofA Just Reinstated Zeta as a Buy With a $24 Price Target. Is AdTech Heating Up?
Bank of America reinstated coverage of Zeta Global (NYSE:ZETA) with a Buy rating and a $24 price target, ending an extended quiet stretch on the AI marketing platform.
