Workflow
Target Stock on Track for Worst Day Since 2022
TargetTarget(US:TGT) schaeffersresearch.com·2024-05-22 14:16

The shares are also eyeing their fourth-straight daily lossTarget Corp (NYSE:TGT) stock was last seen down 8.7% to trade at $142.26, after the retailer reported a first-quarter earnings miss and a 3% sales drop due to lower consumer spending on discretionary items. The company also issued a dismal current-quarter outlook.The security is pacing for its fourth-straight daily loss and worst session since November 2022. Now carrying a 20.5% quarter-to-date deficit, shares could find support at the familiar $135 ...