3 Reasons to Bet on Target in 2022

Target (NYSE: TGT) shares jumped on Tuesday as the company laid out its long-term growth strategy and upped revenue and earnings-per-share growth targets.

The omnichannel retailer has been a standout performer during the pandemic with adjusted earnings per share doubling and growth in its same-day fulfillment services up nearly 600% over the last two years. But beyond the headline numbers, there are some under-the-radar factors that should also strengthen investor confidence in the stock this year. Let's take a look at a few of them.

Image source: Target.

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Source Fool.com