Description
⋅ TGT Target CEO Brian Cornell: "We never expected the kind of cost increases in freight and transportation that we're seeing right now".
Net Sales: $25.17 billion vs. $24.47 billion estimates
Gross Margin: 25.7% vs. 29% estimates
Diluted EPS: $2.19 vs. $3.07 estimates
TGT Target continues to expect low-to-mid single digit percentage sales growth this year.
My price target is $149 and ultimately the pre-pandemic level of $130.
Looking forward to read your opinion about it.