From StockTwits: 2025-01-17 00:48:14

Sentiment on Stocktwits shifted from ‘extremely bearish’ to ‘bullish’ as Target ($TGT) reported better-than-expected holiday sales, with total sales up 2.8% and comparable sales up 2%. Digital sales grew by almost 9%, with a 30% increase in same-day deliveries and a 50% spike in Target Plus, its third-party marketplace. The company saw strong growth in discretionary categories like apparel and toys, as well as beauty and frequency categories. Target CEO Brian Cornell attributed the success to a focus on providing an inspiring shopping experience. Target stock is down 1.43% year-to-date.



Read more at StockTwits: Target Stock In Focus After Better-Than-Expected Holiday Season Sales: Retail’s Upbeat