Latest Articles
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Can Target Keep Beating Estimates In The Second Half Of 2018?
Target (NYSE: TGT) announced solid second quarter earnings on August 22, as both its revenues and earnings per share came in ahead of market expectations. Target has been looking to overhaul its business model with the expansion of small-format ...
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What To Expect From Target’s Q2 Earnings
Target (NYSE: TGT) is scheduled to announce its fiscal second quarter results on Wednesday, August 22. The retailer continued to perform well in its fiscal first quarter, as both its revenue and earnings per share (EPS) came in ahead of market e...
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How Big Can Target’s E-Commerce Business Get By 2020?
E-commerce currently accounts for only around 6% of Target ‘s (NYSE: TGT) total revenue, but the company has been emphasizing e-commerce growth going forward, in order to remain competitive in the Amazon (NASDAQ: AMZN) dominated retail mark...
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Target Rides Strong Traffic To Solid Q1
Target (NYSE: TGT) announced solid first quarter earnings on May 23, but its stock still fell as the retailer’s aggressive push to keep up with Amazon and Walmart, both online and in grocery, led to shrinking margins. Target has been looki...
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What To Expect From Target’s Q1
Target (NYSE: TGT) is scheduled to announce its fiscal first quarter results on Wednesday, May 23. The retailer saw a better-than-expected performance in 2017, as both its revenue and earnings per share (EPS) came in ahead of market expectations...
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Why We Revised Our Price Estimate For Target To $69
We recently revised our price estimate for Target upwards to $69, which is still marginally below the current market price, on account of higher expected revenue and earnings per share estimates. Target is looking to overhaul its business model w...
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A Closer Look At Target’s Q4 Earnings And Fiscal 2018 Outlook
Target (NYSE: TGT) announced strong fourth quarter earnings on March 6, but the stock still fell as its results were slightly below expectations. Below we discuss some key takeaways from Target’s earnings, as well as our fiscal 2018 outloo...
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Target Lifts Q4 Guidance On The Back Of A Strong Holiday Season
Target (NYSE: TGT) significantly raised its guidance for the fourth quarter and full year 2017, on the back of a very strong holiday season and the recent federal tax reform. The company reported a comparable sales growth of 3.4% for the two-mon...
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Target Getting Acquired? Here’s How Much We Think It’s Worth
There is much market speculation at the moment about Target (NYSE: TGT) potentially being acquired by Amazon (NASDAQ: AMZN), after prominent analyst Gene Munster prediced that Amazon’s next move could be its further expansion into the p...
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Does It Make Sense For Amazon To Acquire Target?
There is much market speculation at the moment about Target (NYSE: TGT) potentially being acquired by Amazon (NASDAQ: AMZN). Amazon continues to make headlines as it expands its e-commerce retail business across different verticals from transp...
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Target’s 2017 In Review
Target (NYSE: TGT) has seen a better-than-expected performance thus far this year, as both its revenue and earnings per share (EPS) came in ahead of market expectations so far. However, Target’s stock is down almost 10% this year. The comp...
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What The Shipt Acquisition Signals About Target’s Strategy
Target (NYSE: TGT) recently announced that it has agreed to a $550 million acquisition of Shipt, a company that delivers same-day groceries, in an all-cash transaction. The retailer plans to leverage its network of stores and Shipt’s tech...
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Whole Foods’ Sales Are Booming, Is This Bad News For Target and Wal-Mart?
Since being acquired by Amazon (NASDAQ: AMZN), Whole Foods’ revenues have grown impressively . While some of this is due to good publicity from price cuts of as much as 43% on key items, which were implemented shortly after the deal close...
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A Closer Look At Target’s Disappointing Q4 Outlook
Target (NYSE: TGT) announced solid third quarter results on November 15, as both its revenue and earnings per share (EPS) came in ahead of market expectations. However, the company’s stock fell by almost 10% in trading due to a disappointi...
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Can Target Keep Beating Expectations In Q3?
Target (NYSE: TGT) is scheduled to announce its fiscal third quarter results on Wednesday, November 15. The company had a better-than-expected first half of fiscal 2017, with the company beating earnings per share estimates and revenue estimates...
