Investors initially panned the fourth-quarter earnings report from Target (NYSE: TGT). Even though the retailer announced some market-trouncing growth and profit figures over the holidays, Wall Street focused instead on the potential for slower gains ahead.

In a conference call with analysts, CEO Brian Cornell and his team detailed that 2021 outlook while explaining why Target believes it can defend the $9 billion in extra market share it gained during the past year.

Let's look at some highlights from that presentation.

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Source Fool.com