Target Corporation (TGT)
Target Lifts Comp Sales Outlook After Strong Holiday Shopping Season
Target (TGT) on Thursday lifted its projection for comparable store sales growth in the fourth quarter on the back of a stronger-than-expected holiday shopping season.
Target shares slide after holiday season sales update
Shares in Target Corp (NYSE:TGT) are set to fall on Thursday after the discount retailer raised its sales outlook but kept things unchanged for profits after what it said was a better-than-expected festive performance. Sales during November and December increased 2.8% versus the prior year and comparable sales by 2.0%, with digital sales up 9%.
Target says its holiday sales were better than expected — but its profits weren't
Target raised its fourth-quarter sales forecast, as customer traffic across stores and its website rose and deals attracted holiday shoppers. The discounter said Black Friday and Cyber Monday saw record-high sales.
Spotify Stock Rocks Higher As Music Streamer Gets Price-Target Hikes
Spotify stock approached a buy point after three Wall Street analysts raised their price targets on the streaming music leader. The post Spotify Stock Rocks Higher As Music Streamer Gets Price-Target Hikes appeared first on Investor's Business Daily.
Target (TGT) Stock Slides as Market Rises: Facts to Know Before You Trade
Target (TGT) concluded the recent trading session at $136.47, signifying a -1.66% move from its prior day's close.
GE Vernova Stock Surges as BofA Boosts Price Target Ahead of Earnings
GE Vernova (GEV) shares jumped Tuesday after Bank of America analysts raised their price target for the company's stock ahead of its fourth-quarter earnings report next week.
Marvell Likely To Upgrade Its $2.5B AI Revenue Target
Marvell Technology is poised to exceed its $1.5 billion AI revenue target for FY25, driven by strong demand from hyperscaler customers like Amazon. The company is targeting $2.5 billion in FY26AI revenues, implying a 66% y/y growth, supported by new product launches and industry partnerships with strong scope for an upgrade . Marvell's valuation remains attractive at ~53x FY26 EBITDA, especially compared to its peers, making it a favorable buy for investors.
JPMorgan Lifts Boot Barn Price Target on Executives' Comments, Holiday Sales
JPMorgan boosted its price target on Boot Barn Holdings (BOOT) stock, pointing to strong holiday sales and positive comments from executives at the Western footwear and clothing retailer.
2 Excellent S&P 500 Dividend Stocks to Buy in January
The bull market has sent the S&P 500 up 23% over the last year. But this run has brought the average yield of the index down to just 1.24% -- the lowest yield since 2000.
Some Retail Stocks Could Take Hits From the Los Angeles Wildfires
Target (TGT) is among the retailers with the most exposure to the deadly wildfires that have raged this week in the Los Angeles area, JPMorgan analysts said Friday.
Is Trending Stock Target Corporation (TGT) a Buy Now?
Recently, Zacks.com users have been paying close attention to Target (TGT). This makes it worthwhile to examine what the stock has in store.
2 Strategists Who Correctly Called Last Year's Bull Market Think the Rally Will Continue in 2025. Their S&P 500 Price Target May Shock You.
Heading into 2024, many strategists doubted the market's ability to keep moving higher after a strong 2023. Inflation was still high, and the Federal Reserve had not yet indicated it would cut interest rates.
