3 Reasons to Buy Target Stock Like There's No Tomorrow
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Target's third-quarter earnings report was disappointing, with comparable sales growing only 0.3% year over year and adjusted EPS of $1.85 falling below the guidance range of $2.10 to $2.40.
December 07, 2024 | 9:00 am
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NEGATIVE IMPACT
Target's third-quarter earnings report was disappointing, with comparable sales growing only 0.3% year over year and adjusted EPS of $1.85 falling below the guidance range of $2.10 to $2.40.
Target's earnings report showed weaker-than-expected performance, with both sales growth and EPS missing expectations. This is likely to negatively impact the stock price in the short term as investors react to the disappointing results.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100