Target (TGT) CFO says February sales softer than expected so far

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MKM Partners Raises PT on Target (TGT) to $78, Comps Should Accelerate

February 28, 2013 10:45 AM EST

MKM Partners raised its price target on Buy-rated Target (NYSE: TGT) from $73 to $78 following Q4 results.

Analyst Patrick McKeever said while FY13 appears to be off to a slow start due to later tax refunds and winter storms, the company "has a a... More

Target Corp. (TGT) Tops Q4 EPS by 17c; Issues Strong Q1 EPS Outlook

February 27, 2013 7:31 AM EST

(Updated - February 27, 2013 7:46 AM EST)

Target Corp. (NYSE: TGT) reported Q4 EPS of $1.65, $0.17 better than the analyst estimate of $1.48. Revenue for the quarter came in at $22.37 billion versus the consensus estimate of $22.66 billion.

EPS was to the low-end of Target's previously-issued guidance, which called for EPS of $1.64 to $1.74.

Unadjusted Q412 EPS came in at $1.47.
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