Target's Post-Earnings Plunge Looks Like a Gift for Long-Term Investors

Target's post-earnings sell-off creates a compelling entry point for patient dividend growth investors.Target Corporation's (TGT 2.81%) shares tumbled 19.8% last week after reporting 2024 third-quarter earnings that fell short of expectations. The sell-off came as the retailer reported comparable sales growth of just 0.3% and lowered its fourth-quarter outlook, citing cautious consumer spending in discretionary categories.Yet beneath these disappointing headline numbers lie several encouraging signs. Here's ...