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Stock impact report

Jim Cramer Says Target “Could Roar If It Can Demonstrate Any Sort of Turnaround” [Yahoo! Finance]

Target Corporation (TGT) 
Last target corporation earnings: 3/3 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.target.com
Company Research Source: Yahoo! Finance
“More broadly, retailers work when the Fed cuts, always have, always will. Here I'm thinking of companies like TJX, which underperformed today, Walmart, even Target, which could roar if it can demonstrate any sort of turnaround.” Photo by Adam Nowakowski on Unsplash Target Corporation (NYSE:TGT) is a retailer that sells clothing, beauty items, groceries, electronics, home goods, and everyday essentials. Cramer discussed the stock during the November 20 episode and remarked: “Next up, Target, oh jeez, this is a tough one. Target also reported yesterday, and this ailing big box retailer delivered yet another dispiriting set of numbers. We're talking about a slight revenue miss, a nasty 2.7% decline in same-store sales, and a modest 7 cents earnings beat off a $1.71 basis. On top of that, Target slashed the high end of its full-year earnings forecast. While we acknowledge the potential of TGT as an investment, we believe certain AI stocks offer greater upside potential and carry Show less Read more
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