Core Viewpoint - Target Corporation (NYSE:TGT) is currently viewed as a top large-cap stock to buy at a 52-week low, despite mixed opinions from Wall Street following its fiscal second quarter results for 2026, where the stock has fallen over 8.8% since the earnings release [1]. Financial Performance - The company reported a quarterly revenue of $25.21 billion, which represents a year-over-year decrease of 0.95%, but exceeded consensus estimates by $306.39 million [2]. - The earnings per share (EPS) was $2.05, surpassing consensus by $0.01 [2]. - Management indicated that traffic and sales trends improved significantly compared to the first quarter of 2025, with all core merchandising categories experiencing quarter-over-quarter comparable sales growth [2]. Analyst Ratings - Analysts have differing views on Target Corporation; Simeon Gutman from Morgan Stanley maintained a Buy rating with a price target of $112 [3]. - Conversely, Seth Sigman from Barclays and Robert Ohmes from Bank of America Securities both reiterated Sell ratings, with price targets of $91 and $93, respectively [3].

Company Overview - Thermo Fisher Scientific (TMO) launched the Olink Target 48 Neurodegeneration panel, a targeted proteomics immunoassay designed to enhance neurodegenerative disease research by measuring 41 key proteins with absolute quantification from as little as 1µL of plasma sample [1][5][8] - The new panel is part of Olink's expanding portfolio of multiplex disease panels, emphasizing the company's commitment to advancing precision medicine and neurology research [2][3] Product Details - The Target 48 Neurodegeneration panel is designed to meet the increasing demand for scalable and reproducible protein measurements in the context of rising neurodegenerative diseases such as Alzheimer's and Parkinson's [5][9] - It is compatible with the Olink Signature Q100 benchtop system, facilitating a simplified workflow and minimal maintenance, which accelerates biomarker research [6][8] Market Insights - The neurodegenerative disease diagnostics market is projected to grow from $4.70 billion in 2025 at a compound annual growth rate of 7.5% through 2030, driven by the increasing prevalence of neurodegenerative disorders and advancements in diagnostic technologies [10] Financial Performance - Thermo Fisher has a market capitalization of $181.05 billion and an earnings yield of 4.7%, significantly higher than the industry's -4.2% yield [4] - Over the past three months, TMO shares have increased by 21.6%, outperforming the industry growth of 1.9% [12]

Core Insights - The consumer staples sector is currently experiencing a trend of oversold stocks, presenting potential buying opportunities for undervalued companies [1][2] Company Summaries - **Flowers Foods Inc (FLO)**: Reported disappointing quarterly sales due to macroeconomic uncertainty and changing consumer demand, leading to a stock decline of approximately 15% over the past month. The stock has a 52-week low of $13.45 and an RSI value of 23.6. Recent price action shows shares fell 2% to close at $13.48 [7] - **Target Corp (TGT)**: Despite a neutral rating from Citigroup and an increased price target from $94 to $100, the stock has fallen around 16% in the past month, with a 52-week low of $87.35. The RSI value is 27.4, and shares decreased by 1.6% to close at $88.56 [7] - **Sprouts Farmers Market Inc (SFM)**: Recently signed a 10-year distribution agreement with KeHE, replacing a previous deal from 2018. The stock has declined about 11% over the past month, with a 52-week low of $101.80 and an RSI value of 27.6. Shares fell 5.2% to close at $128.88 [7]

Group 1 - The consumer staples sector has identified several oversold stocks, presenting potential buying opportunities for undervalued companies [1][2] - An asset is considered oversold when the Relative Strength Index (RSI) is below 30, indicating potential short-term performance improvement [1] Group 2 - Flowers Foods Inc (FLO) reported disappointing quarterly sales, with a stock decline of approximately 15% over the past month and a current RSI of 23.6 [7] - Target Corp (TGT) experienced a stock drop of around 16% in the last month, with an RSI value of 27.4, despite a price target increase from Citigroup [7] - Sprouts Farmers Market Inc (SFM) signed a new 10-year distribution agreement, but its stock fell about 11% over the past month, with an RSI of 27.6 [7]

Group 1 - Target is expanding its next-day delivery coverage to meet increasing consumer demand, with plans to reach the top 35 U.S. metro areas by the end of October [4][9] - The company is focusing on areas with high shipping demand and sufficient assets for cost-effective operations, with order cutoff times as late as 6 p.m. due to advancements in routing and forecasting technology [5][6] - Target's digital business is profitable, and the supply chain is being adjusted to support growth while enhancing the in-store experience [6][7] Group 2 - The fulfillment strategy is being tweaked to allow some stores to take on more shipping volume while others may reduce or eliminate shipping, improving the overall store experience [7][8] - A pilot program in Chicago has shown that concentrating shipping volume in fewer stores can lower fulfillment costs and improve delivery speeds [8] - Next-day delivery is free for orders over $35 or for Target Circle members, while a fee of $5.99 applies otherwise [9]

This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. Dive Brief: Target is kicking off the holidays with 20,000 new products (double the amount in 2024), with over half of them exclusive to the mass retailer, per a Tuesday press release. Additionally, the company’s Target Circle Week deals event will return from Oct. 5 through Oct. 11, with members of the Target Circle 360 paid program getting access 24 hours in advan ...

Core Insights - Target is expanding its next-day delivery service to 35 of the top 60 metropolitan markets in the U.S. by the end of next month, which includes 22 new cities this year, aiming to compete more effectively with Amazon [1][2] - The expansion will increase Target's next-day delivery coverage to 54% of the U.S. population, up from 20% [2] - Target currently offers same-day delivery to over 80% of the U.S. population, while Amazon has expanded its same-day delivery sites by over 60% in 2024 [3] Delivery Strategy - Target is shifting from a national fulfillment model to a market-based approach, utilizing stores and fulfillment centers to enhance delivery speed without compromising profits [4] - The company operates 11 sortation centers to batch orders for delivery through Shipt services or third-party carriers, and is expanding partnerships with national carriers [5] - A new shipping strategy is being tested in Chicago, which has led to increased same-day delivery and reduced delivery costs per item [6][7] Future Plans - Target plans to add another 20 cities for next-day delivery by next year [2] - Elements of the new shipping strategy will be launched in 30 to 40 more markets, with some offering next-day deliveries [8]

Core Insights - Target Corporation is enhancing its holiday offerings with 20,000 new items, double the amount from last year, with over half being exclusive to Target [1][3] - The retailer is expanding next-day delivery to over half of the U.S. population, aiming to provide faster service to consumers [1][7] Product Offerings - The holiday assortment includes a wide range of products, with most items priced under $20, featuring categories such as apparel, beauty, food gifting, holiday decor, and toys [2][12] - Target is introducing exclusive collaborations and collections, including products related to Netflix's "Stranger Things" and Universal Pictures' "Wicked: For Good" [5][12] - The retailer is focusing on affordable fashion, with festive dresses and alpine-inspired pieces available at competitive prices [5] Promotions and Sales Events - Target Circle Week will take place from October 5-11, offering savings on essentials and holiday gifts, with early access for paid members starting October 4 [4] - New deals will be introduced weekly starting November 1, including the Deal of the Day with discounts up to 50% [4] Delivery and Staffing - Target is expanding next-day delivery to 35 major U.S. metro areas, covering over half of the population, with plans for additional cities next year [7] - Same-day delivery is available to over 80% of the U.S. population, and two-day shipping is accessible to 99% [8] - The company is hiring seasonal staff to support holiday operations, offering competitive pay and flexible scheduling [10]

WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc., the world leader in serving science, today announced the launch of the Olink® Target 48 Neurodegeneration panel, a high-performance, targeted proteomics immunoassay panel developed to accelerate discoveries in neurodegenerative disease research. With diseases such as Alzheimer's, multiple sclerosis and Parkinson's on the rise and clinical pipelines eager for translational biomarkers, researchers face a pressing need for scalable, r. ...

Core Insights - Target Corporation (TGT) experienced a positive turnaround in its Hardlines business during Q2 of fiscal 2025, achieving a 5% increase in comparable sales, marking the best performance in this category since 2021 [1][8] Group 1: Business Performance - The surge in sales was driven by multiple trends, including a nearly 70% increase in trading card sales, which are projected to exceed $1 billion in annual revenues [2] - The successful launch of the Nintendo Switch 2 has positioned Target as a leading retailer in the gaming sector, contributing to the overall sales performance [2] - Despite the positive results in Hardlines, the company's overall comparable sales decline was narrowed to 1.9% [2] Group 2: Strategic Initiatives - Management views the "FUN 101" strategy as a model for broader renewal across other categories such as Home and Food & Beverage, leveraging Target's $31 billion owned-brand portfolio [3] - Target is investing in AI-driven forecasting, faster supply-chain execution, and improved inventory processes to maintain product freshness and availability [4] Group 3: Financial Metrics - Year-to-date, Target's stock has decreased by 33.5%, contrasting with the industry's growth of 5.1%, and underperforming peers like Dollar General and Costco [5] - Target's forward 12-month price-to-earnings ratio stands at 11.38, significantly lower than the industry average of 30.63, indicating a discount compared to Dollar General and Costco [6] - The Zacks Consensus Estimate for TGT's fiscal 2025 earnings suggests a year-over-year decline of 15.5%, while fiscal 2026 indicates a potential growth of 8.9% [10]