22 05, 2024

Target Takes a Tumble on Weak Earnings and Forecast: Why it May Be Time to Sell TGT

By |2024-05-22T16:29:41+00:00May 22nd, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

Target (TGT) reported first-quarter results Wednesday that left much to be desired, sending shares tumbling lower. The company noted it is seeing a pullback in consumer spending. Revenue came in at $24.53 billion compared to $24.52 billion expected, narrowly avoiding a missing on the top line. However, the retailer did miss the bottom line [...]

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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, Stock Market 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 [...]

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