. That would mark a serious yearly decline in EPS of over 75%, even if it comes in line with consensus. Revenue forecasts are moderately higher than last year. Last quarter Q1 missed mostly due to cost increases along the supply chain. Some of these pressures have since abated, and it will be hoped that Target will produce a similar result.. Target missed on earnings and then produced a subsequent warning in June.
The reaction might be different this time however. The equity rally is beginning to slow, and Target is overbought on both the Relative Strength Index and the Money Flow Index . The risk-reward trade forInformation on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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