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.
Lockheed Martin had a rough quarter, missing sales and EPS estimates, with significant unplanned charges impacting earnings, particularly in classified programs. Despite the poor Q4 results, Lockheed Martin is still a buy with a revised price target of $565, offering a 24% upside. The company guides for mid-single digit growth in 2025, but EPS guidance falls short of analyst expectations, highlighting execution risks in classified programs.
Target (TGT) closed at $141.06 in the latest trading session, marking a -1.01% move from the prior day.
Target's decision to scale back its DEI programs is being met with backlash from the LGBTQ+ community on the Minneapolis-headquartered retailer's home turf.
Target experienced a significant Q3 earnings miss, dropping 45¢ per share below analyst estimates, leading to a notable stock price decline. Despite Q3 setbacks, Target's Q4 performance showed strong holiday sales, driven by record Black Friday/Cyber Monday sales and a 9% increase in digital sales. Target's current valuation offers a lower P/E ratio and improved dividend yield, making it an attractive buy despite risks like potential tariffs and declining margins.
Did you know retail chain Target (TGT 0.47%) is a Dividend King? That's right -- it has raised its dividend annually for the past 53 years, putting it in an elite group of dividend stocks that are reliable for passive income under almost any circumstances.
At first glance, Target (TGT 0.47%) does not appear to have much of a buy case. The retailer managed to increase foot traffic by 2% over the holidays.
Target said that it was ending its diversity, equity and inclusion goals as it tries to align itself with an “evolving external landscape.”
Target is rolling back its diversity, equity and inclusion programs, joining major companies like Walmart, Meta and McDonald's. In a memo sent to its employees, Target it will end its three-year DEI goals, stop reports to external groups like the Human Rights Campaign's Corporate Equality Index and end a program focused on carrying more products from Black- or minority-owned businesses.