Growth Is Back. Time to Buy Target Stock?
It has been over a year, but growth finally appears to be back at (NYSE: TGT). That was the biggest takeaway from the retail giant's early March earnings update which included other encouraging signs around demand and profit trends.
Target isn't out of its slump just yet. Management is simply calling for a return to comparable-store sales growth in 2024 following last year's decline. Peers like Walmart (NYSE: WMT) and Costco Wholesale (NASDAQ: COST) are expanding much more quickly, too.
Yet there are some good reasons to be feeling bullish on Target stock right now. Let's dive right in.
Source Fool.com
Target Corp. Aktie
129,20 €
-0,46 %
Die Community bevorzugt leicht Target Corp., mit etwas mehr Buy- (33) als Sell-Einschätzungen (12).
Für Target Corp. ergibt sich ein negatives Potenzial von -7.89%, obwohl das Kursziel von 119 € unter dem aktuellen Kurs von 129.2 € liegt.
