Amid cut-throat competition from Walmart (WMT) and Amazon (AMZN), Target (TGT) has successfully redefined its business, with increased emphasis on its digital channel and exclusive merchandise. I maintain a Bullish outlook on TGT stock.  See today’s analyst top recommended stocks >> Validating the retailer's solid e-commerce and merchandising strategy is its growing profitability. Notably, Target’s adjusted earnings have increased from $4.69 a share in 2017 to $9.42 in 2020. As for its key digital channel, Target’s comparable digital sales increased 10% during the last reported quarter. This growth comes on top of a 195% increase in its digital sales last year.
https://www.tipranks.com/news/article/target-whats-in-store-for-investors?utm_source=advfn.com&utm_medium=referral
Target (NYSE:TGT)
Historical Stock Chart
From Dec 2021 to Jan 2022 Click Here for more Target Charts.
Target (NYSE:TGT)
Historical Stock Chart
From Jan 2021 to Jan 2022 Click Here for more Target Charts.