Reported about 11 hours ago
Oppenheimer analysts expect Target's upcoming first-quarter earnings to fall short of expectations, leading to a revision of their price target for the stock for the fifth time since March. Despite this, they maintain a positive long-term outlook and suggest that the current dip in prices could provide a buying opportunity, as they anticipate a 4% decline in comparable sales and an earnings per share of $1.14, significantly below analysts' expectations.
Source: YAHOO