Is Target Stock a Buy or Sell After Q3 2024 Earnings Results?
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Target's Q3 2024 earnings results indicate a softening demand in discretionary categories as consumers focus on managing household budgets and seeking value.
November 25, 2024 | 9:15 pm
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Target's Q3 2024 earnings reveal a decline in demand for discretionary items, reflecting consumer focus on budget management.
The earnings report highlights a decrease in demand for discretionary categories, which is a significant part of Target's business. This could negatively impact Target's stock price in the short term as investors react to the potential for reduced revenue growth.
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