DARK SECRETS: 2 - The Real Truth

Target Hikes Dividend By 20%

Target Corp (NYSE:TGT) has increased its quarterly dividend by 20% to $1.08 per share from the prior quarterly dividend of $0.90. The dividend is payable on September 10, 2022, to shareholders of record at the close of business on August 17, 2022. Target held $1.1 billion in cash and equivalents as of April 30, 2022.…

Benzinga · Jun 9, 2022

US stocks will confront an earnings recession by the end of 2022

There are pervasive, and increasingly pronounced, signs that U.S. equities will be in a profit recession before the end of this year. Target Corp.’s warning on margins yesterday is emblematic of the problems faced by firms in an inflationary regime. Even if an economy-wide recession is avoided, the backdrop for…

Tribune News Service · Jun 8, 2022

Andrea Felsted: Target's oversupply problem should scare all retailers

Target Corp. is off target again.

Tribune News Service · Jun 7, 2022

Amazon Explores Service That Could Reduce Its Capex

Amazon.com Inc (NASDAQ:AMZN) tested a service using its sprawling network of gig drivers to fetch packages from mall-based retailers and deliver them to customers, Bloomberg reports. Amazon can entertain shoppers seeking same-day or quicker shipping with a local mall store products struggling to remain relevant as shoppers flocked online. The program will…

Benzinga · May 20, 2022

Target Analysts Take Aim At Stock's Future: What They're Saying After Q1 Earnings

Target Corp (NYSE: TGT) reported worse-than-expected earnings results on Wednesday, which led several analysts to lower price targets on the stock.

Benzinga · May 19, 2022

After prospering in the pandemic, Target is now a symbol of inflation's impact

Target Corp., whose growth in the pandemic pushed its stock to record heights, on Wednesday became a symbol of inflation's toll on the American economy.

Tribune News Service · May 18, 2022

Inflation crushes Target's profit, shares plunge 25%

Inflation smacked Target Corp. over the past three months, leading to a profit drop that surprised investors and triggered a huge selloff of its stock.

Tribune News Service · May 18, 2022

Why This Investor Sold Lululemon Stock Following Target's Earnings

Virtus Investment Partners' Joe Terranova has been slashing positions from his portfolio this week, but he decided to hold Lululemon Athletica Inc (NASDAQ: LULU) through Target Corp's (NYSE:

Benzinga · May 18, 2022

What's Going On With Dick's Sporting Goods Stock?

Dick's Sporting Goods Inc (NYSE: DKS) shares are falling on Wednesday alongside several other retailers after Target Corp (NYSE: TGT) announced worse-than-expected earnings results.

Benzinga · May 18, 2022

Target's Ripple Effect On Retail: Why Macy's Stock Is Moving Lower

Macy's Inc (NYSE: M) shares are trading lower Wednesday alongside several other retailers after Target Corp (NYSE: TGT) announced worse-than-expected earnings results.

Benzinga · May 18, 2022