Target likely to see its 'turnaround story' in Q2: Analyst

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 42 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

Target News

Michael Baker

Target (TGT) is reporting first-quarter earnings Wednesday morning. What are Wall Street analysts hoping to see out from the big-box retailer as it is...

D.A. Davidson Managing Director and Senior Research Analyst Michael Baker finds expectations for Target to be"very low" and is hoping for its comparable sales to be positive moving into the second quarter.

Then then Walmart as an example, uh target, we see as a turnaround story again, likely the fourth quarter in a row of negative comps for the first quarter.They went way up during the pandemic.The now low fives, we think eventually their margins get back to 6% and that will be the catalyst for the shares is target's reduction of prices for 5000 items bullish or bearish for the stock.

Brookfield Asset Management is a high-dividend TSX stock that can help you outpace the broader markets in the upcoming decade. The post A Once-in-a-Generation Investment Opportunity: 1 High-Yield Dividend Stock to Buy Now and Hold Forever This May appeared first on The Motley Fool Canada.This monthly dividend stock offers cash every month, but also returns that continue to climb higher from being in a safe and stable sector.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wednesday’s analyst upgrades and downgradesInside the Market’s roundup of some of today’s key analyst actions
Source: globeandmail - 🏆 5. / 92 Read more »

Wednesday’s analyst upgrades and downgradesInside the Market’s roundup of some of today’s key analyst actions
Source: globeandmail - 🏆 5. / 92 Read more »

Wednesday’s analyst upgrades and downgradesInside the Market’s roundup of some of today’s key analyst actions
Source: globeandmail - 🏆 5. / 92 Read more »

Wednesday’s analyst upgrades and downgradesInside the Market’s roundup of some of today’s key analyst actions
Source: globeandmail - 🏆 5. / 92 Read more »

Wednesday’s analyst upgrades and downgradesInside the Market’s roundup of some of today’s key analyst actions
Source: globeandmail - 🏆 5. / 92 Read more »

Why Walmart has the upper hand over Target: AnalystWalmart (WMT) saw strong e-commerce sales in its first quarter, with delivery business volume surpassing in-store pickups. TD Cowen Senior Research Analyst...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »