News Formal

Target shares pop nearly 3% after earnings. Here’s what the pros say to do next

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Argentina Noticias Noticias

Argentina Últimas Noticias,Argentina Titulares

Pros on CNBC discussed Target after shares surged following its second-quarter earnings report then slowed into Wednesday's market close.

Market Movers rounded up the best reactions from investors and analysts on Target . The pros, including Jim Cramer , talked about the retailer's mixed second-quarter financial results . Target's earnings beat analysts' expectations, but sales fell short.

The company also cut its full-year sales and profit guidance as it tries to win over more cost-conscious customers. The retailer also shared that backlash toward its Pride merchandise, as well as nationwide theft during the quarter, hurt its bottom line. Target shares had touched a 52-week low Tuesday. The stock surged during premarket trading Wednesday and ended the session with a nearly 3% gain.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 12. in AR
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Activists ease up on Salesforce — plus, 10 other Club stocks traded by Wall Street prosSalesforce (CRM), Nvidia (NVDA) and Alphabet (GOOGL) were among the basket of Club stocks traded by high-profile investors in the second quarter.
Fuente: CNBC - 🏆 12. / 72 Leer más »