Why Target Stock Popped Today
Shares of Target (NYSE: TGT) were moving higher Tuesday morning after the big-box chain reported sluggish fiscal fourth-quarter results, but still topped Wall Street expectations as its margins improved significantly.
Overall, the results seemed to show that Target's profitability is stabilizing after several weak quarters, and that was enough to spark a rebound in the stock, which is still down significantly from the all-time high it touched in late 2021.
As of 11:26 a.m. ET, the stock was up 11.6% on the news.
Source Fool.com
Target Corp. Stock
€146.82
0.030%
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..
