Why Target Stock Was Soaring Today
Target (NYSE: TGT) stock was flying higher today after the struggling retailer posted better-than-expected results on the bottom line in its third-quarter earnings report.
The report helped reassure investors that the bottom-line challenges Target faced last year are temporary even as it struggles with weak demand for discretionary items and a spike in theft.
As of 12:22 p.m. ET, the stock was up 17% on the news.
Source Fool.com
Target Corp. Stock
€124.06
1.090%
With 43 Buy predictions and 1 Sell predictions Target Corp. is one of the favorites of our community.
With a target price of 168 € there is a positive potential of 35.42% for Target Corp. compared to the current price of 124.06 €.
