The Good News and the Bad News In Target’s Q3 2017 Report
Shares of big-box store Target (NYSE: TGT) dropped nearly 10% on the day this week that it reported its third quarter of 2017. It was a good progress report, but investors were disappointed with the company's outlook for the all-important holiday shopping season.
As further proof that the company's strategy to return to growth is working, third-quarter results topped management's guidance given during the second-quarter report.
Metric
Source: Fool.com
Target Corp. Stock
€147.34
-0.930%
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 14.7% compared to the current price of 147.34 € for Target Corp..
