Target sees strong 2024 holiday sales surge amid leadership overhaul
Target anticipates 1.5% growth in Q4 comparable sales and maintains its EPS guidance of between $1.85 and $2.45.
Positive Outlook for Target: Strong Holiday Sales and Margin Improvement Drive Buy Rating
Morgan Stanley analyst Simeon Gutman maintained a Buy rating on Target (TGT – Research Report) yesterday and set a price target of $160.00.Stay
Target hopes momentum from holiday season jump-starts sales this year
Target leaned in heavily toward promotions and sales during the holidays, a strategy that seems to have left it in the middle of the pack of retailers for the season. The Minneapolis-based retailer said Thursday its comparable sales rose about 2%,
Target’s Holiday Sales Were Strong. It’s a Relief for Investors.
Target reported strong holiday sales on Thursday, giving its stock a boost. The retail chain said sales increased 2% on a comparable basis in the last two months of 2024 from a year earlier, and overall sales rose 2.
Target Stock In Focus After Better-Than-Expected Holiday Season Sales: Retail’s Upbeat
Shares of Target ($TGT) were in the spotlight as the retailer posted better-than-expected sales numbers for the holiday shopping season, lifting retail sentiment. The company said its total sales during the two holiday months grew 2.
Target announces better-than-expected holiday sales, but investors wary of no profit update
Santa left Target some presents last holiday season, but it may not be enough for. The big box retailer announced total sales increased 2.8% year over year in November a
Target earnings up after holidays usher in more sales
Minneapolis-based Target Corporation reported its quarterly earnings Thursday, showing a slight increase in sales following a holiday boost. Total sales in November and December grew 2.8% — more than in 2023 — according to a Target press release.
Target gains after topping holiday sales expectations, backing profit guidance
Target Corporation (NYSE:TGT) announced on Thursday holiday sales rose 2.8%, reflecting a comparable sales increase of 2% and record-high sales during both the Black Friday and Cyber Monday promotional periods.
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Target’s Holiday Sales Surge Driven by Black Friday and Cyber Monday Success – But Profits Slump Due to Heavy Discounts
Target reported stronger-than-expected holiday sales, driven by record-breaking Black Friday and Cyber Monday performances, ...
Target’s Sales Surge and Strategic Initiatives Bolster Buy Rating
Analyst Kate McShane of Goldman Sachs maintained a Buy rating on Target (TGT – Research Report), with a price target of $164.00.Stay Ahead of ...