Target (TGT) Tops Q3 EPS by 63c

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Go back to Target (TGT) Tops Q3 EPS by 63c

TD Cowen Downgrades Target (TGT) to Market Perform, 'Stretched Consumer Will Continue to Pressure Growth'

November 16, 2023 5:31 AM EST

TD Cowen analyst Oliver Chen downgraded Target (NYSE: TGT) from Outperform to Market Perform with a price target of $148.00 (from $161.00).

The analyst comments "What remains impressive is that TGT is a much bigger and better business since 2019 and pre-pandemic. We acknowledge discretionary comparisons ease considerably in the 2H24, which could... More

Citi notes Target's (TGT) GM performance in 3Q better than expected

November 15, 2023 1:35 PM EST

Following Target's (NYSE: TGT) earnings release before the open Wednesday, Citi analyst Paul Lejuez said the company's sales were no worse than feared.

The retailer reported Q3 earnings of $2.10 per share, $0.63 better than the analyst estimate of $1.47. Revenue for the quarter came in at $25.4... More

Target (TGT) jumps 10% after strong earnings beat

November 15, 2023 6:37 AM EST

Target (NYSE: TGT) jumps 10% after strong earnings beat and in-line earnings guidance:

reported Q3 EPS of $2.10, $0.63 better than the analyst estimate of $1.47. Revenue for the quarter came in at $25.4 billion versus the consensus estimate of $25.29 billion.Target sees Q4 2024 EPS of $1.90-$2.60, versus the consensus of $2.22.

... More