Gaining 12% Year To Date, Will Q1 Results Drive Target's Stock Higher?

MIAMI, FLORIDA - MAY 20: A Target store cart in a parking lot on May 20, 2024 in Miami, Florida. ... [+] Target announced plans to cut prices on thousands of consumer basics as inflation cuts into household budgets. (Photo by Joe Raedle/Getty Images)Getty ImagesTarget (NYSE: TGT), the second-largest discount chain in the U.S., is scheduled to report its fiscal first-quarter results on Wednesday, May 22. We expect Target’s Target stock to likely trade higher past Q1 results due to revenues and earnings beati ...