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Target reported earnings that came in well below expectations. The company reported Q3 earnings of $1.35 per share compared to expectations of $2.30, while revenues were a little under estimates ...
With that, Target's stock price has fallen to lows last seen more than one year ago. ... well below the $9.35 per share it forecast at the midpoint just one quarter ago.
Here are three reasons to buy Target stock now. ... earnings per share is forecast to climb by 7% next year to $9.29. ... Shares are trading at 15 times its 2024 consensus EPS as a forward price ...
BofA Securities analyst Robert F. Ohmes reiterated the Buy rating on the company, with a price forecast of $195. ... TARGET (TGT): Free Stock Analysis Report.
The slump in Target's share price now has the stock trading down about 14% on the year, as of this writing. ... Source: Target. For the fourth quarter, it forecast comps to be flat, with adjusted ...
The stock was set for its best day in over nine months after the chain said it expects 2024 profit in the range of $9.00 to $9.70 per share, up from its prior forecast of $8.60 to $9.60.