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Target Falls After Q3 Print: Should Investors Buy The Dip?
Wednesday, November 21, 2018 - 2:11pm | 662Target Corporation (NYSE: TGT) reported Tuesday with third-quarter results that disappointed investors and sent the stock tumbling. Now that shares are on track for their roughest patch since the financial crisis, should investors be concerned about more downside ahead or buy the dip...
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Target Shares Slide On Q1 Earnings Miss; Retailer Says Traffic Accelerating In Q2
Wednesday, May 23, 2018 - 8:20am | 420Target Corporation (NYSE: TGT) shares are down sharply in pre-market trading after the discount retailer reported mixed fiscal first-quarter results and issued fairly in-line bottom-line guidance for the second quarter and full year. Retail peer Walmart Inc (NYSE: WMT) reported last week...
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Target's CEO Touts Strong Q3 And Early Signs Of Optimism For Q4
Wednesday, November 15, 2017 - 2:50pm | 443Shares of Target Corporation (NYSE: TGT) were trading lower by more than 8 percent after the company's third quarter earnings beat was overshadowed by a concerning fourth quarter guidance. What You Need To Know Target's third quarter performance was "solid" based on an increase...
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Target Impresses The Street In Q2 Report, Shares Gain 5%
Wednesday, August 16, 2017 - 7:24am | 428Target Corporation (NYSE: TGT) impressed investors in its second-quarter earnings report Wednesday, sending the stock higher by more than 5 percent — a strong move considering Target already issued guidance in early July. Target reported that it earned $1.23 per share in the quarter on...
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Target's Moving Bullseye: Updated Guidance, New Brands And CEO Confidence Boost Stock
Thursday, July 13, 2017 - 9:05am | 356Shares of Target Corporation (NYSE: TGT) gained 6 percent early Thursday morning after investors were treated to encouraging news from the struggling retailer. Not including any premarket gains, the stock is still lower by around 30 percent since the start of 2017 and has slumped 12 percent over...
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Target Smashes Q1 Estimates, Shares Rip Higher
Wednesday, May 17, 2017 - 6:53am | 462Target Corporation (NYSE: TGT)'s first-quarter earnings report came in higher than expected, which prompted an 8 percent surge in the stock Wednesday morning. Target, the second-largest discount retailer in the U.S., earned $1.21 per share in the first quarter on revenue of $16.02 billion;...
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Target's Ugly Q4 Has Stock At Lowest Level Since August 2014
Tuesday, February 28, 2017 - 8:00am | 319Shares of Target Corporation (NYSE: TGT) traded lower by around 15 percent ahead of Tuesday's open after the retailing giant reported its fourth quarter results. Analysts were expecting Target to earn $1.51 per share in the quarter on revenue of $20.70 billion; The company reported an earnings...
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Target Will Now Fine Suppliers Up To $10K For Any Errors
Wednesday, May 4, 2016 - 7:11am | 257Target Corporation (NYSE: TGT) put its suppliers on notice and said that each error will result in a fine. According to Reuters, Target is looking to improve its supply chain system to cut costs and improve its competitive standing against both online and brick and mortar peers. As such, the...
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Target Reports Q4 Miss, But Guidance Is Ahead Of Expectations
Wednesday, February 24, 2016 - 8:29am | 351Shares of Target Corporation (NYSE: TGT) were trading lower by 1.31 percent after the company reported its fourth quarter results. Target said it earned $1.52 per share in the fourth quarter on revenue of $21.6 billion. Wall Street analysts were expecting the company to earn $1.54 per share on...
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Telsey Advisory Group: Target Refocusing On Core Business, Props To The CEO
Wednesday, August 19, 2015 - 1:52pm | 357Target Corporation (NYSE: TGT) reported better than expected second-quarter earnings and also raised its full-year EPS guidance to $4.60–4.75 from $4.50–4.65. Joe Feldman, Telsey Advisory Group, was on CNBC after the earnings declaration to weigh in on the results. CEO Has Done A...
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Target CEO: We Need To Continue To Make Sure We Stay True To Our DNA
Wednesday, June 17, 2015 - 10:51am | 363Target Corporation (NYSE: TGT) recently sold its pharmacy and clinics business to CVS Health Corp (NYSE: CVS) for $1.9 billion in its effort to transform itself. Brian Cornell, Target chairman and CEO, was on CNBC Wednesday to discuss the company’s transformation strategy going forward...
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Cramer: Target's Brian Cornell Valiantly Chasing The Fleeing Consumer
Wednesday, February 25, 2015 - 2:35pm | 389Target Corporation (NYSE: TGT) came out with better-than-expected fourth-quarter earnings earlier Wednesday. Although the company posted a quarterly loss of $4.10 per share, excluding one-time items, the earnings from continuing operations came in at $1.50, above analysts’ expectations of $...
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Cramer: Target's Canada Sojourn Was 'Biggest Blunder In The History Of Retail'
Thursday, January 15, 2015 - 12:58pm | 384Target Corporation (NYSE: TGT) announced on Thursday that it will take a $7 billion loss and will exit Canada by closing all of its 133 stores. CNBC’s Jim Cramer was seen discussing Target’s exit and praising its CEO for making such a tough decision. Related Link: Jefferies...
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Target Says It Has Received Canadian Government Approval To Wind Down Its Operations
Thursday, January 15, 2015 - 10:27am | 247After announcing that it will exit the Canadian market, Target (NYSE: TGT) confirmed it has obtained an Initial Order from the Ontario Superior Court of Justice for creditor protection under the Companies' Creditors Arrangement Act. The order allows Target Canada to proceed with a court-...
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Target Says Au Revoir To Its Canadian Operations, Plans To Fully Exit Canada
Thursday, January 15, 2015 - 9:10am | 304Target Corporation (NYSE: TGT) on Thursday made the difficult decision to fully exit its Canadian operations after less than two years in operations. The company has already filed an application for protection under the Companies Creditors Arrangement Act with the Ontario Superior Court of...