Analyst Estimates for Q2 2024Q1 2024Q2 2023Revenue$25.21 billion$24.53 billion$24.77 billionDiluted EPS$2.14$2.03$1.80Net Income$1.00 billion$942 million$835 million Key Metric: Full-Year Outlook The midpoint of Target's projections for its full-year adjusted earnings per share (EPS) came in below expectations earlier this year, and JPMorgan analysts noted earlier this month that the retailer could be poised to "narrow down the top half of the range for both [comparable sales] and EPS." Expecting a downw ...

VANCOUVER, British Columbia, Aug. 15, 2024 (GLOBE NEWSWIRE) -- ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTCQB: KVLQF; Frankfurt: KEQ0, “the Company”) today announced the start of a detailed ground magnetic and gamma spectrometry geophysical survey and provided an update on exploration work at the Salvador Target (“Salvador”) area at ValOre’s 100%-owned Pedra Branca Platinum Group Elements (“PGE”, “2PGE+Au”) Project (“Pedra Branca”) in northeastern Brazil. Thiago Diniz, ValOre’s V.P. of Exploration commente ...

Citi (NYSE:C) price target cuts often get outsized attention, especially considering the recent $6.4 trillion global stock market meltdown.The bank expects global GDP growth to drop to 2.2% in 2024 and then increase to 2.8% in 2025 under its “Slow Then Grow” thesis for 2024; Citi predicts the U.S. will lead the worldwide resurgence even if the economy slows down.Regarding the stock market, Citigroup projects that corporate profits will rise by 4% in 2024 and by 8% in 2025. The bank also implies that the Fed ...

IRVING, Texas, Aug. 14, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) today announced a target to reduce Scope 1 and 2 emissions 42% by 2030, which aligns with its commitment to the Science Based Targets initiative (SBTi). The goal is included in the company's 2023 Sustainability Progress Report, published today. The report provides a detailed overview of the company's progress against key environmental, social and governance objectives throughout 2023, highlighting how its Scope 1 and 2 target ...

As Target Corporation (TGT) gears up to release its second-quarter fiscal 2024 results on Aug 21 before the opening bell, investors and analysts alike are keenly watching to see how the retail giant will navigate the current economic landscape. With the retail sector facing ongoing economic shifts and evolving consumer behavior, Target's performance in this quarter will be a crucial indicator of its resilience and adaptability.The Zacks Consensus Estimate for the to-be-reported quarter’s revenues is pegged ...

Target (TGT) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended July 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 21. On the ...

Always pay close attention to new stock price targets from firms, like Needham. While the firm won’t always get it right, price upgrades are still worth paying attention to. Perhaps they’re seeing favorable industry trends that are impacting a covered stock. Maybe the financial health of a stock based on earnings or guidance is improving. Or, perhaps, they liked what they heard in a meeting with management. Whatever the case, it’s a good idea to look into the reasoning for a price upgrade.However, never use ...

Key TakeawaysBernstein Research analyst Aneesha Sherman reiterated a "buy" rating and $112 price target on Nike's stock, lifting the shoe giant's shares. The analyst hassaid she believes a rebound in Nike sales is on the horizon due to the company's marketing spending and work to repair relationships with retailers.Nike stock tumbled in late June after the company's fourth-quarter results underwhelmed. It was among the S&P 500's best performers on Tuesday. Nike's (NKE) stock was among the S&P 500's best pe ...

Investment bank Wedbush may be best-known for its sell-side coverage of high-profile tech stocks like Tesla (NASDAQ:TSLA), but taking a look at the new Wedbush price targets, you’ll find that the EV maker is not on this list.Neither are many of the other well-known names in tech. Instead, with some exceptions, most of the latest stocks receiving either a target price increase or a target price decrease from Wedbush this month are in other sectors. For instance, sectors like health care, real estate, consume ...

An accomplished enterprise leader with extensive legal, operational and retail experience, Tu will oversee the company's legal affairs and compliance functions and join its leadership team Tu succeeds Don Liu, who is retiring and will continue to serve Target as a strategic advisor MINNEAPOLIS, Aug. 13, 2024 /PRNewswire/ -- Target Corporation (NYSE: TGT) today announced that Amy Tu has been named chief legal and compliance officer and corporate secretary effective Aug. 25. In her new role, Tu will lead the ...