15 11, 2023

Target’s Earnings Send Shares 17% Higher Despite Dwindling Sales: Should You Buy TGT?

By |2023-12-07T19:48:02+00:00November 15th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , , , , , |

Target (TGT) reported fiscal third-quarter earnings before the bell this Wednesday morning, and the results sent shares into a frenzy. They’re up 17% so far this morning after the retailer beat the top and bottom line consensus. For the past few quarters Target has faced a weakening environment as inflationary pressures have shoppers looking [...]

16 08, 2023

Target Points to Weakening Demand and Pride Month Debacle in Latest Earnings: How Bad is it?

By |2023-12-07T19:54:00+00:00August 16th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , , , |

Early this morning Target (TGT) reported second-quarter earnings that beat expectations while revenue fell just short of analyst estimates. But, the key takeaway from the call was that the company was reevaluating its full-year guidance, walking back its previous forecast. In fact, the company is expecting sales to decline by mid-single digits for the [...]

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