Target's Q2 Earnings Watch | Business and Finance News

Target’s second-quarter earnings report looms this Wednesday, with analysts expecting a solid 3.7% revenue jump—up from last year’s flat performance. Last quarter, they smashed expectations with $25.44 billion in revenue and strong margins. Despite past misses, Target’s stock is up 8.3% in the last month, outpacing the non-discretionary retail sector’s 1.8% gain. Competitors like Grocery Outlet and Sprouts are also showing growth, but Target’s average analyst price target of $143.87 suggests investors are betting big on their momentum. Can they keep it going? We’re watching closely. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/12d7511d1f10ecea