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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.
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.
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.
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 ...
"Target's Q3 performance is a stark contrast to Walmart's, highlighting the big differences in their product mixes. Groceries make up about 60% of Walmart's sales but only 23% at Target," he said.
Target stock rose 4% on Wednesday following the big-box retailer’s outstanding fiscal third-quarter earnings. In the report, Target shared that its total comparable sales grew 20.7% in the third ...
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