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NetworkNewsBreaks – Target Corp. (NYSE: TGT) Featured in Analysis Report

Company: Target Corp. (TGT)
Category: Analyst Alerts

Following impressive financial results from both Walmart Inc. (NYSE: WMT) and The Home Depot Inc. (NYSE: HD), Target (NYSE: TGT) was featured in an analysis report ahead of its recently reported second quarter 2020 results (http://nnw.fm/Wg8NM). The August 18th report, written by LikeFolio Founder Andy Swan, reads, “Purchase Intent in 20Q2 increased by 13% YoY. Now, Purchase Intent has almost completely normalized. While +13% demand growth is impressive, it is important to note this is smaller than what we observed for WMT in the same quarter (+32% YoY).”

About Target

Minneapolis-based Target Corporation serves guests at nearly 1,900 stores and at Target.com. Since 1946, Target has given 5% of its profit to communities, which today equals millions of dollars a week. For the latest store count or for more information, visit https://corporate.target.com/press.

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