Target Reports Second Quarter 2017 Earnings

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Go back to Target Reports Second Quarter 2017 Earnings

Target (TGT) PT Raised to $60 at Stifel Following 2Q

August 17, 2017 7:23 AM EDT

Stifel raised its price target on Target (NYSE: TGT) to $60.00 (from $58.00) while maintaining a Hold rating following the company's 2Q earnings release. Targets results came in above expectations, driven by better than anticipated comparable store sales growth, up 1.3%, better than consensus of... More

Target (TGT) Tops Q2 EPS by 6c, FY Guidance Tops Views

August 16, 2017 6:33 AM EDT

Target (NYSE: TGT) reported Q2 EPS of $1.23, $0.06 better than the analyst estimate of $1.17. Revenue for the quarter came in at $16.43 billion versus the consensus estimate of $16.26 billion.

1.3 percent comparable sales increase

GUIDANCE:

Target sees Q3 2017 EPS of $0.75-$0.95,... More