Why Target Stock Popped Today
Shares of Target (NYSE: TGT) were moving higher Tuesday morning after the big-box chain reported sluggish fiscal fourth-quarter results, but still topped Wall Street expectations as its margins improved significantly.
Overall, the results seemed to show that Target's profitability is stabilizing after several weak quarters, and that was enough to spark a rebound in the stock, which is still down significantly from the all-time high it touched in late 2021.
As of 11:26 a.m. ET, the stock was up 11.6% on the news.
Source Fool.com
Target Corp. Aktie
125,40 €
-1,12 %
Bei der Aktie stehen derzeit 33 Buy-Einschätzungen 12 Sell-Einschätzungen gegenüber. Das Sentiment ist also durchaus positiv.
Trotz eines Kursziels von 119 €, das unter 125.4 € liegt, ergibt sich für Target Corp. ein negatives Potenzial von -5.1%.
