Target (TGT) Tops Q1 EPS by 26c; Guides Q2 EPS Lower
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TJX Cos. (TJX) PT Raised to $96 at JPMorgan, 'Separating From the Pack'
May 17, 2023 10:15 AM EDTJPMorgan raised the price target on TJX Cos. (NYSE: TJX) to $96.00 (from $95.00) while maintaining a Overweight rating.
The analyst comments "Looking Ahead to The Back Half: Mgmts guidance implies a 2H24 comp assumption of +2-3% Y/Y (consistent with 1H) and translating into a ~4% 2H 4-year... More
Target (TGT) drops 3% immediately following earnings and guidance
May 17, 2023 6:33 AM EDTTarget (NYSE: TGT) drops 3% immediately following earnings and guidance:
Target reported Q1 EPS of $2.05, $0.26 better than the analyst estimate of $1.79. Revenue for the quarter came in at $25.32 billion versus the consensus estimate of $25.37 billion.Target sees Q2 2024 EPS of $1.30-$1.70, versus... More