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Target Shows an Improving Trend despite Its Fiscal Q1 2018 Miss

Adrian Stevens
Target Shows an Improving Trend despite Its Fiscal Q1 2018 Miss

Target Corporation (TGT) stock fell ~5.6% in the three trading days after the company announced its fiscal first-quarter earnings on May 23. Target’s investments in stores and digital platforms are hurting its margins and, in turn, its EPS growth rate. Target’s top line is growing thanks to the solid growth in its traffic.