Target (TGT) Misses Q4 EPS by 2c; FY16 EPS Guidance Tops Views

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Go back to Target (TGT) Misses Q4 EPS by 2c; FY16 EPS Guidance Tops Views

Piper Jaffray Remains Bullish Following Target's (TGT) Strong Guidance

February 25, 2016 8:23 AM EST

Piper Jaffray maintained an Overweight rating on Target (NYSE: TGT), and cut the price target to $81.00 (from $84.00), following the company's 4Q. Traffic continues to be the main driver, and was up for the 5th straight quarter. Management expects FY17 comps in the... More

Wells Fargo Remains Bullish as Target's (TGT) 4Q Results Falls Within Guidance

February 24, 2016 11:32 AM EST

Wells Fargo reiterated an Outperform rating on Target (NYSE: TGT) following the company's 4Q earnings results. Q4 adjusted EPS of $1.52 missed the consensus of $1.54, but was within the company's guidance range of $1.48 to $1.58. TGT provided Q1 EPS guidance of $1.15-$1.25 vs the Street at $1.20.

Analyst Matt Nemer commented, "Q4 adjusted EPS of $1.52 missed... More