Down Over 22% in a Single Day, Is This Dividend King a Buy Now?
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Target's stock dropped 22% after reporting disappointing fiscal 2024 Q3 results and lowering Q4 guidance.
November 26, 2024 | 2:45 pm
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Target's stock fell 22% due to worse-than-expected Q3 results and a cut in Q4 guidance, raising concerns about its short-term performance.
The significant drop in Target's stock price is directly linked to its poor Q3 performance and reduced Q4 guidance, indicating potential challenges in the near term. This news is highly relevant and important for investors as it impacts the company's financial outlook and stock valuation.
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