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.

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Source: Fool.com