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Target Says Things Aren't as Bad as You Think


Target Says Things Aren't as Bad as You Think

Shares of big-box store Target (NYSE: TGT) have been getting beat up in the last year, and rightfully so. The company's same-store sales -- a measure combining foot traffic and dollars spent to show how well existing locations are doing -- have been going downhill as consumers shift their spending to online retailers. After Target's announcement of updated guidance last week, though, it would seem that Wall Street was a overly pessimistic on the company.

TGT Chart

Data by YCharts.

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Source: Fool.com

Target Corp. Stock

€137.94
-0.430%
Target Corp. shows a slight decrease today, losing -€0.600 (-0.430%) compared to yesterday.
The stock is one of the favorites of our community with 48 Buy predictions and 1 Sell predictions.
As a result the target price of 170 € shows a positive potential of 23.24% compared to the current price of 137.94 € for Target Corp..
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