Target Corp. reports first-quarter results before market open Wednesday, with analysts expecting the retailer to see a slowdown in discretionary spending.
Raymond James reaffirmed its strong buy rating for Target TGT in a note released Monday, but lowered the retailer’s price target to $190 from $195. The analyst firm also lowered its fiscal year 2023 EPS estimate to $7.85 from $8.45.
Target’s stock is up 1.1% Monday, outpacing the S&P 500 index’s SPX gain of 0.02%. The retailer’s shares are up 7.2% this year, compared with the S&P 500 index’s gain of 7.4%.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Källa: Reuters - 🏆 2. / 97 Läs mer »
Källa: Reuters - 🏆 2. / 97 Läs mer »