Target Just Lowered Its Outlook. Is It Time to Sell the Stock?
(NYSE: TGT) missed the mark in its mid-August earnings report. The retailer announced surprisingly weak sales for the second quarter and reduced its revenue outlook for 2023 thanks to soft demand in a few big areas.
There were some bright spots in the report, to be sure. And Target isn't the only company that is seeing sluggish demand for consumer discretionary products right now.
But the latest operating trends raised big questions for investors about the stock's value. Let's look at whether shares are attractive right now.
Source Fool.com
Target Corp. Aktie
131,80 €
1,76 %
Die Community zeigt großes Interesse an Target Corp. mit vielen Buy- und wenigen Sell-Einschätzungen.
Mit einem Kursziel von 170 € für Target Corp. könnte der aktuelle Kurs von 131.8 € um mehr als 20% steigen.
