Target Reports Second Quarter 2018 Earnings

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Go back to Target Reports Second Quarter 2018 Earnings

Target (TGT) PT Raised to $99 at MKM Partners Following 2Q

August 23, 2018 8:13 AM EDT

MKM Partners analyst Patrick McKeever raised the price target on Target (NYSE: TGT) to $99.00 (from $91.00) while maintaining a Buy rating following the company's 2Q. Target reported its best same-store sales growth in 13 years, driven by the biggest traffic increase since the company began... More

Target (TGT) Tops Q2 EPS by 7c, Has Best Comp in 13 Years

August 22, 2018 6:32 AM EDT

Target (NYSE: TGT) reported Q2 EPS of $1.47, $0.07 better than the analyst estimate of $1.40. Revenue for the quarter came in at $17.8 billion versus the consensus estimate of $17.31 billion.

comparable sales growth of 6.5 percent and traffic growth of 6.4 percent, the best comp at Target... More