Big-box retailer (NYSE: TGT) gave investors some fresh numbers to chew on Wednesday morning when the company reported its second-quarter results. Based on the stock's move higher following the earnings reports, the market seems impressed.

Shares, however, are still down about 13% this year. This begs the question: Is now a good time to buy?

Despite the market's upbeat reaction to the report, shares of Target should arguably be avoided at this price. Let's take a look at what Target reported in its quarterly update and why the stock isn't a compelling buying opportunity.

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Source Fool.com