Is It Finally Time to Buy Target Stock?

The retail giant finally seems to be turning a corner.Target's (TGT 1.07%) stock jumped 11% on Aug. 21 after the retailer posted its second-quarter earnings report. Its revenue rose 3% year over year to $25.45 billion, exceeding analysts' estimates by $240 million, as its comparable sales grew 2%. Its adjusted earnings climbed 42% to $2.57 per share and also cleared the consensus forecast by $0.39.Target's headline numbers were impressive, but its stock remains more than 40% below its all-time high from Nov ...