Target's Strong Q2 Performance Impresses Analysts, But Caution Remains Over Future Margin Pressures
Target(TGT) Benzinga·2024-08-22 02:13
Target Corporation TGT shares are trading higher after the company reported better-than-expected second-quarter financial results and raised its outlook.Target has raised its full-year 2024 adjusted EPS outlook to a range of $9.00 to $9.70, up from the previous range of $8.60 to $9.60. This new outlook compares to an estimate of $9.36.Analysts covering the retail behemoth provided their takes:JP Morgan analyst Christopher Horvers reiterated a Neutral rating.Goldman Sachs analyst Kate McShane reiterated the ...