After Target's Q4 Numbers, I'll Stick With Walmart Stock
From a distance, the two retailers look similar enough. By and large, most things you can buy from one, you can also buy from the other. 's (NYSE: TGT) recently reported fourth-quarter numbers, however, are a reminder of why Walmart (NYSE: WMT) is the better investment of the two options right now.
The market overwhelmingly disagrees with my argument, by the way. Target shares soared to the tune of 12% on Tuesday following the release of its Q4 results.
The company handily topped earnings estimates of $2.42 per share by posting a profit of $2.98, well up from the year-ago comparison of $1.89 per share. Margins were better too. Target also unveiled several new growth initiatives, including a subscription-based same-day delivery program. Guidance for the fiscal year that began in February is in line with estimates as well.
Source Fool.com
Target Corp. Stock
The stock is an absolute favorite of our community with 37 Buy predictions and no Sell predictions.
As a result the target price of 169 € shows a slightly positive potential of 15.11% compared to the current price of 146.82 € for Target Corp..
