Is the “ Tarjay” magic back? Investors certainly think so.

Shares in former high-flying retailer Target Corp. rose the most since since 2019 after posting third-quarter earnings on Wednesday that exceeded Wall Street’s estimates. But shareholders shouldn’t get too carried away. This is clearly an improvement on recent quarters, when the Minneapolis-based company suffered a series of missteps in terms of inventories and navigating the culture wars. The coming holiday season will be the real test of whether the chain has finally moved past its trouble.

QOSHE - Target's Comeback Needs a Bit More Seasoning - Andrea Felsted
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Target's Comeback Needs a Bit More Seasoning

10 0
15.11.2023

Is the “ Tarjay” magic back? Investors certainly think so.

Shares in former high-flying retailer Target Corp. rose........

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