Goal is reporting earnings subsequent week and has a historical past of posting sturdy earnings and powerful steerage. Whereas taking an earnings hit on the chin final quarter, whereas nonetheless rising income, due largely to refusal to cross on provide chain prices, I’m anticipating sturdy numbers subsequent week. TGT additionally skilled a dump earlier within the yr and was not closely impacted in the previous few weeks. To me it appears like a backside was discovered and I wouldn’t be stunned in any respect to see shopping for stress following sturdy earnings as individuals look to rebalance portfolios away from extremely valued progress shares.
What do you all consider TGT
https://moneyandmarkets.com/earnings-edge-tgt-wmt-analysis/amp/
