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Stock impact report

Where Will Target Stock Go Next? [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
10 stocks we like better than Target › The past year has not been easy for Target (NYSE: TGT) . The retailer endured slumping sales and lagged significantly behind its peers. At the time of this writing, its stock is down more than 27% over the past year and over 40% in the past five years. It was also recently announced that activist investor Toms Capital Investment Management increased its stake in the retailer. This adds more pressure to the company, as it could lead to further shakeups in management and strategy. Could this be the spark that ignites Target's comeback? If Toms can push for real growth and change within the company, Target's stock may benefit over the coming year. Now may be a good time to buy this stock as it's trading at a forward price-to-earnings ratio (P/E) of around 12, a steep discount compared to its rivals, Walmart and Amazon The retailer's third-quarter earnings were a mixed bag. Net sales were down 1.5% year over year, but digital sales were up 2 Show less Read more
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