Target (TGT) Q3 Comps at Risk - Cleveland Research
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Price: $136.78 +1.71%
Rating Summary:
20 Buy, 27 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 12 | New: 5
Rating Summary:
20 Buy, 27 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 12 | New: 5
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Target (NYSE: TGT) Q3 sales trends are soft, in the view of Cleveland Research analyst Jeff Stinson. He sees risk comp sales will hit the low end of 1% to 2% forecast if trends don't pick up. Consensus calls for comps of 1.8%.
Regarding Q4, research suggests Target will take a conservative view for the holiday season, with muted sales growth in Q4 as well.
Cleveland Research has a Neutral rating on Target.
For an analyst ratings summary and ratings history on Target (NYSE: TGT) click here. For more ratings news on Target click here.
Shares of Target closed at $64.40 yesterday.
Regarding Q4, research suggests Target will take a conservative view for the holiday season, with muted sales growth in Q4 as well.
Cleveland Research has a Neutral rating on Target.
For an analyst ratings summary and ratings history on Target (NYSE: TGT) click here. For more ratings news on Target click here.
Shares of Target closed at $64.40 yesterday.
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