Target Jumps on Strong Earnings and a Boosted Outlook
Shares of (TGT)jumped early Wednesday as the retailer reported quarterly financial results and an updated outlook that pleased investors. Target stock (ticker: TGT), up 29% in 2019 through Tuesday’s close at $85.53, was up 19% to $101.85 at mid morning on Wednesday. Wall Street was looking for EPS of $1.62, revenue of $18.3 billion, and 3% growth in same-store sales.
https://www.barrons.com/articles/target-...yptr=yahoo
Shares of (TGT)jumped early Wednesday as the retailer reported quarterly financial results and an updated outlook that pleased investors. Target stock (ticker: TGT), up 29% in 2019 through Tuesday’s close at $85.53, was up 19% to $101.85 at mid morning on Wednesday. Wall Street was looking for EPS of $1.62, revenue of $18.3 billion, and 3% growth in same-store sales.
https://www.barrons.com/articles/target-...yptr=yahoo
