Target Gives Bulls Another Reason to Cheer
Investors had high hopes heading into Target's (NYSE: TGT) second-quarter earnings results, and the Wall Street favorite didn't disappoint. Sales growth was strong, even compared to soaring demand from a year ago. And Target's profit margins continue expanding despite higher expenses.
Those wins have CEO Brian Cornell and his team projecting a great second half of the year ahead, one that might deliver even more gains for shareholders. Let's take a closer look.
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Source Fool.com
