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Time to Buy the Dip in Target's (TGT) Stock After Q1 Earnings?
TargetTarget(US:TGT) zacks.com·2024-05-24 00:46

Despite rising +2% in today’s trading session, Target’s (TGT)  stock is still down -7% since reporting mixed Q1 results on Wednesday.With that being said, let’s see if it’s time to buy stock in the omnichannel retailer for a rebound from its current levels.Q1 Financial Review Target’s Q1 EPS came in at $2.03 which missed the Zacks Consensus of $2.05 per share by -1%. This is despite Q1 sales of $24.53 billion slightly beating estimates of $24.51 billion.Year over year, Q1 earnings dipped -1% while sales fel ...