15 11, 2023

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

By |2023-12-07T19:47:59+00:00November 15th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|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 |2023-12-07T19:53:59+00:00August 16th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|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 [...]

6 06, 2023

Student Loan Restart Could Weaken Target’s Sales – Plus, 3 Other Issues to Make Matters Worse

By |2023-12-07T20:50:26+00:00June 6th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , |

Just a few weeks ago we talked about the backlash Target (TGT) faced as a result of their LGBTQ+ friendly line - and the subsequent pulling of that line from the shelves. And now, it’s becoming more apparent that the retailer faces another headwind on the horizon. As the student loan restart is scheduled [...]

24 05, 2023

Target Drops Amidst LGBTQ+ Line Backlash: We See 2 Other Issues With This Stock, Though

By |2023-12-07T20:50:39+00:00May 24th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , |

Target (TGT) has been battling serious backlash in recent weeks after shoppers took offense to their “tuck-friendly” swimsuits and a “the Devil Respects Pronouns” shirt. These products were designed for the transgender community and were part of a larger Pride line that hit shelves not too long ago. Critics claimed that these products shouldn’t [...]

19 08, 2022

Target Feels the Effects of Inflation in Latest Earnings Report – 2 Reasons It’s Still Rated a Buy

By |2023-12-07T21:16:25+00:00August 19th, 2022|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , |

The second quarter wasn’t kind to many companies, especially retail stores like Target. As inflation continued to heat up, the company saw its profits drop an astounding 90%. While competitors like Walmart are suffering the effects of inflation-weary customers as well, the extent to which Target has been affected is far more significant due [...]

Go to Top