Target Is Up 66% This Year. Here's Whether the Dividend King Still Has Room to Run After Earnings.
Target fell out of favor with consumers, but it has started to get back on track, and investors have taken notice.
Target fell out of favor with consumers, but it has started to get back on track, and investors have taken notice.
BELLINGS Intelligence Score: 10
Why it matters
This is a routine market commentary on Target's stock performance and earnings outlook, which is standard business news without broader implications for credit markets or financial professionals.
Sources
The Motley Fool
Target Is Up 66% This Year. Here's Whether the Dividend King Still Has Room to Run After Earnings.
Target fell out of favor with consumers, but it has started to get back on track, and investors have taken notice.
Nasdaq
Target Is Up 66% This Year. Here's Whether the Dividend King Still Has Room to Run After Earnings.
Key PointsTarget's stock fell precipitously after its sales results weakened amid consumers trading down to lower-cost stores.