Bear of the Day: Target (TGT)
Target(TGT) ZACKS·2024-11-26 12:45
Target ((TGT) delivered Q3 earnings and sales misses last week and a cautious Q4 view. This resulted in a 22% drop in shares that are trying to recover this week off of new 52-week lows at $120.Our Director of Research, Sheraz Mian, chose Target and Walmart for a special compare/contrast in a recent dive into retail earnings. You can find that analysis here...Walmart & Target: A Closer Look at Retail EarningsMy objective today is to look at the analyst earnings revisions that have knocked Target into the ce ...