Retail titan Target (TGT), one of a few retailers who could actually take a fight to Walmart (WMT), recently turned in its earnings report. The result was a bloodbath of traders stampeding for the exits. The stock lost around 25% in premarket trading today, and the losses continued throughout the trading session today. Target's problem was familiar and already echoed by Walmart's results. It's not surprising that I'm bullish on Target. It's got most of the same secret sauce that Walmart has, with a slightly more upscale presentation that could give it an edge, going forward.
https://www.tipranks.com/news/article/target-stock-plunges-on-disappointing-earnings-report?utm_source=advfn.com&utm_medium=referral
Target (NYSE:TGT)
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Target (NYSE:TGT)
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