Why Target Stock Was Soaring Today
Target (NYSE: TGT) stock was flying higher today after the struggling retailer posted better-than-expected results on the bottom line in its third-quarter earnings report.
The report helped reassure investors that the bottom-line challenges Target faced last year are temporary even as it struggles with weak demand for discretionary items and a spike in theft.
As of 12:22 p.m. ET, the stock was up 17% 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%.
