Target Corporation Reports Third Quarter Earnings
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November 17, 2021 7:57 AM EST
Goldman Sachs analyst Kate McShane reiterated a Buy rating and $308.00 price target on Target (NYSE: TGT).
The analyst comments "TGT reported 3Q21 adj EPS of $3.03, above GS/consensus (Refinitiv) of $2.82/$2.80. SSS increased by +12.7% (with a two-year stack of +33.4%), also higher than GS/consensus of +8.9%/+8.2%, consisting... More
November 17, 2021 7:56 AM EST
Stifel analyst Mark S. Astrachan reiterated a Buy rating and $280.00 price target on Target (NYSE: TGT).
The analyst comments "We view comp growth and guidance as most notable as indicative that strong share gains are continuing. Gross margin was meaningfully below consensus and... More
November 17, 2021 6:31 AM EST
Target (NYSE: TGT) reported Q3 EPS of $3.03, $0.20 better than the analyst estimate of $2.83. Revenue for the quarter came in at $25.65 billion versus the consensus estimate of $24.78 billion.
Third quarter comparable sales grew 12.7 percent, on top of 20.7 percent growth last year.
Fiscal 2021... More
