Company Of The Day: Target

-6.10%
Downside
172
Market
162
Trefis
TGT: Target logo
TGT
Target

What?

Target (NYSE:TGT) posted a strong set of Q4 2021 results, with same-store sales rising by 8.9% year-over-year after rising by 20.5% in Q4 2020. The company has guided low- to mid-single-digit revenue growth for 2022.

Why?

Relevant Articles
  1. Target Stock Down 30% In A Week, What’s Next?
  2. Target’s Stock To Trade Higher Post Q1 Results?
  3. Earnings Beat in The Cards For Target’s Stock?
  4. Forecast Of The Day: Total Number of Target U.S. Stores
  5. Does Target Stock Have More Room To Run?
  6. How Will Second Quarter Results Impact Target’s Stock?

Target has done a good job following Covid-19, managing supply chain issues better than many retailers while adjusting to changes in consumer preferences with its drive-up, pickup in-store, and same-day delivery via Shipt services.

So What?

Target stock rallied almost 10% in Tuesday’s trading.

See Our Complete Analysis For Target

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

Returns Mar 2022
MTD [1]
2022
YTD [1]
2017-22
Total [2]
 TGT Return 10% -5% 204%
 S&P 500 Return -1% -10% 92%
 Trefis MS Portfolio Return 0% -11% 252%

[1] Month-to-date and year-to-date as of 3/2/2022
[2] Cumulative total returns since the end of 2016

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