What's Going On With Target Stock Today?
Portfolio Pulse from Ryan Gustafson
Target Corporation's shares are trading lower due to overall market weakness, influenced by concerning Chinese economic data and a warning from Fitch about potential bank downgrades. The company is set to report Q2 earnings on Aug. 16, with expected earnings of $1.41 per share and revenue of $25.23 billion.
August 15, 2023 | 7:33 pm
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NEGATIVE IMPACT
Target's stock is trading lower due to overall market weakness and potential bank downgrades. Q2 earnings report is expected on Aug. 16.
The stock price of Target is being negatively impacted by the overall market weakness, which is influenced by concerning Chinese economic data and a warning from Fitch about potential bank downgrades. The upcoming Q2 earnings report could also be influencing investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100