Target (TGT) Tops Q3 EPS by 63c
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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
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
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.
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