Target (TGT) faces analyst downgrades and disappointing results, with shares down 4%, negative.

From Nasdaq: 2024-12-23 05:00:00

Target (TGT) faces analyst downgrades after disappointing quarterly results, leading to a Zacks Rank #5 (Strong Sell). Share performance has lagged, down 4% in 2024 and more than 20% from its high. Cost pressures resulted in missed earnings and sales estimates, prompting caution from investors. Annual dividend yield now at 3.5%.

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Read more at Nasdaq: Bear of the Day: Target (TGT)