Why Target Corporation Stock Tumbled Today
Shares of Target Corporation (NYSE: TGT) were plunging today after the big-box retailer offered disappointing guidance for the key holiday quarter in this morning's earnings report. As a result, the stock was down 9.6% as of 10:56 a.m. EST.
Target's results for the third quarter were respectable, as comparable sales increased 0.9% on a 1.4% uptick in traffic and the company posted strong online sales growth at 24%.
Image source: Target.
Source: Fool.com
Target Corp. Aktie
135,92 €
-0,37 %
Die Target Corp. Aktie steht gut da: Deutlich mehr Buy- als Sell-Einschätzungen in der Community.
Eine Steigerung von über 20% ist für Target Corp. möglich, angesichts eines Kursziels von 170 € gegenüber 135.92 €.
