Why Is Target (TGT) Up 0.1% Since Last Earnings Report?

Core Viewpoint - Target's stock has seen a slight increase of about 0.1% since the last earnings report, underperforming the S&P 500, raising questions about its future performance leading up to the next earnings release [1] Estimates Movement - Estimates for Target have trended downward over the past month, with the consensus estimate shifting down by 12.38% [2] VGM Scores - Target currently holds an average Growth Score of C, a Momentum Score of F, and a Value Score of A, placing it in the top 20% for the value investment strategy, resulting in an aggregate VGM Score of C [3] Outlook - The downward trend in estimates indicates a negative shift, with Target holding a Zacks Rank of 3 (Hold), suggesting an expectation of an in-line return from the stock in the coming months [4]