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According to data from S&P Global Market Intelligence, the stock finished the month down 12%. Target was trading similarly to the S&P 500 for most of the month before plunging on its earnings report.
Such a performance led to Target stock setting new 52-week lows. Consequently, the company has barely eked out a positive total return over the last five years, a concerning situation for investors.
Here are the analyst’s take on the earnings performance: ... TGT shares are trading lower by 21.2% to $122.88 at last check Wednesday. ... TARGET (TGT): Free Stock Analysis Report.
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 ...
Back in its second-quarter earnings report in August, Target (NYSE: TGT) gave investors hope that it was finally turning the corner. Comparable sales rose 0.3% in the quarter as traffic was up 2.4 ...
Shares of Target (NYSE: TGT) were sliding in Thursday morning trading after the retailer disappointed Wall Street with its updated guidance for fiscal Q4. As of 10:50 a.m. ET, the stock was down ...