Jim Cramer Says Target “Could Roar If It Can Demonstrate Any Sort of Turnaround”
Group 1 - Target Corporation (NYSE:TGT) is highlighted as a stock that could benefit from the recent Fed rate cut, with potential for a turnaround if it can demonstrate improved performance [1] - The company reported disappointing financial results, including a slight revenue miss and a 2.7% decline in same-store sales, along with a modest earnings beat of 7 cents off a $1.71 basis [2] - Target has reduced the high end of its full-year earnings forecast, indicating ongoing challenges for the retailer [2]