After a solid ER and a nice chart. $TGT looks great to go long here.
ER Recap:
ER Recap:
- Target exceeded Wall Street’s expectations for the fourth quarter, thanks to a strong holiday season and stimulus checks.
[*}The company has gained market share with its e-commerce offerings and wide range of merchandise, as retail competitors temporarily closed and saw sales drop during the pandemic.
[*}Still, Target declined to provide a forecast for the year ahead, saying the pandemic has made it too difficult to predict consumer patterns.