Target Stock: Is the Worst Finally Over?
There's no question about it. 2023 has been a disappointing year for (NYSE: TGT).
Weakness in discretionary goods, pressure from inflation and interest rates, and challenges related to product theft have all weighed on the company's performance this year. Comparable sales continue to slide, and the stock trades down 12% year to date, compared to 17% growth for the S 500.
On the plus side, Target delivered a surprising win for investors on Wednesday: The stock jumped 18% after it easily beat earnings estimates in its third-quarter report.
Source Fool.com
Target Corp. Aktie
141,24 €
-0,76 %
Target Corp. wird von der Community favorisiert: Deutlich mehr Buy- als Sell-Einschätzungen.
Die Community erwartet für Target Corp. ein Kursziel von 171 €, was eine deutliche Steigerung von über 20% gegenüber dem aktuellen Kurs von 141.24 € bedeuten könnte.
