Target Shares Surge as Same-Store Sales Turn Positive. Is It Too Late to Buy the Stock?
Target(TGT) The Motley Fool·2024-08-26 18:10
The latest earnings suggest Target is on the rebound as a company and as a stock.With its second-quarter results hitting the mark, shares of Target (TGT 1.07%) soared as investors cheered its quarterly earnings report and guidance. The stock price rose 11% during the session following its results, helping it rally after its shares have languished for most of the summer.Let's take a look at what got investors excited and whether it's too late to buy the stock after this recent rally.Same-store sales and gros ...