Target Likely To Post Sharp Rise In Q2 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Target Corporation (NYSE:TGT) is expected to report a sharp rise in its Q2 earnings at $1.39 per share, up from 39 cents per share a year ago. However, the company's revenue might decrease to $25.18 billion from $26.04 billion in the year-ago period. Several analysts have recently adjusted their price targets for Target, with most of them reducing their estimates.
August 16, 2023 | 6:33 am
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Target Corporation is expected to report a sharp rise in its Q2 earnings. However, several analysts have recently reduced their price targets for the company, which could potentially impact the stock's performance.
The expected sharp rise in Target's Q2 earnings is a positive signal for the company's performance. However, the recent reduction in price targets by several analysts could create some uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100