Reported about 9 hours ago
Target is set to report its quarterly earnings next week, and investor sentiment is cautious after the stock has dropped nearly 25% this year. Expectations of declining sales and earnings per share, along with competitive pressures from Walmart and Amazon, have raised concerns. Analysts are divided, with some suggesting buying on dips, while Bank of America has downgraded the stock. The market watches closely to see if Target can restore confidence amid its challenging outlook.
Source: YAHOO