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TGT: Off Target

Article By:
Greg Feirman
Wednesday, May 18, 2022 10:58 AM EDT
Target lowered full-year operating margin guidance from 8% to 6%. No surprise that TGT shares are being bludgeoned to the tune of -25% this morning.
Target Shares Crash After Full-Year Operating Income Slashed Due To "Unexpectedly High Costs"

Article By:
Tyler Durden
Wednesday, May 18, 2022 8:04 AM EDT
Target shares plunged to a 14-month low in premarket trading after reporting first-quarter earnings that missed Wall Street's expectations.
In this article: TGT
Athleisure Remains The Best “Fit” In Fashion Stocks
It is a tough time for department stores. I just don't see how they can compete with #Amazon and others like it. Not to mention, if #Trump can push through his new tax plan, it will kill stores especially, #Walmart and #Target. $AMZN $WMT $TGT
Recent Purchase – Target and T. Rowe Price
Looks like smart buys. $TGT $TROW